Strategy's first bitcoin sale since 2022 cracked the market. A 32 BTC sale to fund dividends dragged Bitcoin below $70,000 to new 52-week lows, a 20% drop, with
$ETH and
$SOL falling harder.
Kaiko data shows 30-day rolling volatility collapsed below 20% in late May before snapping back above 30% on the sale. After Q1's 50% Fed-driven spike, the regime is reset heading into historically bearish summer months.
Presented by
@KaikoData