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Three Major Forces Crushing Bitcoin Momentum!
- Bitcoin has fallen from $82,400 to $66,800 since three converging sell events dragged prices down. More than $2.41 billion in Bitcoin and crypto positions were liquidated in just 48 hours.
- BlackRock's IBIT recorded a record 9-session outflow streak $2.43 billion drained in May 2026, including a single mysterious $1.26 billion dark-pool block sale on May 26.
- Strategy disclosed its first Bitcoin sale since December 2022 BTC for $2.5M.
- $93M in futures liquidated within one hour, 95% were longs.
- Mt. Gox moved 10,422 BTC ($739M) to new wallets on June 2, its largest transfer in months ahead of its October 2026 repayment deadline, deepening market fear.