Michael Saylor’s Strategy Shifts $700M in Bitcoin Amid Market Speculation
MicroStrategy, under the leadership of Michael Saylor, has executed a significant Bitcoin transfer involving over 8,000 BTC (valued at more than $700 million) across four newly identified wallets between April 2 and April 5, 2025. The move has ignited discussions within the crypto community regarding its implications for Bitcoin’s market dynamics. Meanwhile, CryptoQuant highlights potential large-scale liquidations in the Bitcoin market, adding to the heightened scrutiny.
Saylor HODLs as Strategy Moves $700M in BTC
Bitcoin-heavyweight Strategy, led by Michael Saylor, has moved over 8,000 BTC (more than $700 million) to four newly identified wallets between April 2 and April 5, according to data from Arkham Intelligence. The transfers include 1,063 BTC to one wallet, 3,174 BTC to another, 939 BTC to a third, and 3,269 BTC to the fourth. The movement has sparked speculation within the crypto community.
Bitcoin Faces Massive Liquidation
CryptoQuant reports the largest Bitcoin long liquidation since the start of the current bull market, with 7,500 BTC wiped out in a single day due to rising market volatility. Bitcoin’s price drops 10.55%, hitting a yearly low of $74,508 after failing to break the $85,000 resistance level. The cryptocurrency remains under pressure with an RSI of 36, signaling bearish momentum, but may rise to $90,000 if it surpasses $85,000.
BTC Volatility Slightly Above Yearly Average Amid Market Chaos
According to K33, BTC’s 7-day volatility of 3.1% is slightly above its 1-year average of 2.5%. This orderly volatility contrasts sharply with the large one-week volatility recorded by the S&P 500 following its massive sell-off. The relatively regular movement of BTC amidst broad market chaos is unusual, as steep movements in equities tend to be mirrored by even sharper BTC moves. This data supports another significant indicator: CME trader sentiment.
MicroStrategy in Big Trouble? Bitcoin Price 10% Away From Liquidation Threat
Bitcoin’s recent price swings have made MicroStrategy and its co-founder Michael Saylor the center of attention. With Bitcoin slipping below $75,000, concerns are growing that MicroStrategy might be forced to sell its massive Bitcoin holdings to avoid liquidation. Prominent crypto trader Doctor Profit has suggested that Saylor could be the market’s next big victim. MicroStrategy is one of the biggest institutional holders of Bitcoin, having accumulated over 528,185 BTC valued at $40.94 billion.
Arch Labs Finds VC Backer for Bitcoin DeFi Early-Stage Projects
Bootstrapping decentralized finance (DeFi) on any blockchain requires a mix of builders with big ideas and funders. Arch Labs, a project aiming to bring DeFi to Bitcoin, successfully raised $7 million from big-name venture firms last year. Now, the company is shifting focus to help fund smaller protocols that could enhance the entire network. DPI Capital, a venture company, is dedicating millions of dollars to back early-stage DeFi projects that enter Arch’s first accelerator program, Keystone.