Long-term Bitcoin holders sold $2.4 billion in two days as BTC fell below $70K. ETF outflows and MicroStrategy's first sale in years add to bear market

Strategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.

Bitcoin drops below $70K, wiping out $450M in leveraged positions after a controversial BTC selloff by Strategy sparks market panic.