According to @ki_young_ju, selling Bitcoin (BTC) below 1x mNAV may offer short-term gains for MicroStrategy (MSTR) shareholders but would ultimately hurt Bitcoin and then MSTR, risking a death spiral; this flags downside risk to both BTC and MSTR if sub-1x mNAV sales occur. source: Ki Young Ju on X, Dec 1, 2025 https://twitter.com/ki_young_ju/status/1995506049269608827 For traders, the warning emphasizes monitoring any BTC disposals below 1x mNAV as a potential negative feedback loop between BTC price and MSTR equity, aligning risk management with this threshold. source: Ki Young Ju on X, Dec 1, 2025 https://twitter.com/ki_young_ju/status/1995506049269608827

According to @ki_young_ju on X on Dec 1, 2025, selling Bitcoin below 1x mNAV could benefit MicroStrategy (MSTR) shareholders but would hurt Bitcoin, indicating negative price impact risk for BTC. According to @ki_young_ju on X on Dec 1, 2025, the 1x mNAV level is the key threshold traders should watch when assessing potential MSTR-related BTC supply overhang. According to @ki_young_ju on X on Dec 1, 2025, sub-mNAV sales are unfavorable for Bitcoin’s market health even if they support MSTR equity, suggesting caution around BTC exposure if this condition emerges.

According to @NFT5lut, Bitcoin is experiencing strong selling pressure, indicating weak sentiment for BTC and cautious positioning among traders, source: @NFT5lut. According to @NFT5lut, whether investors and institutions reinvest will depend on how favorable potential upcoming Federal Reserve interest rate cuts are, making Fed policy guidance a key catalyst for BTC direction, source: @NFT5lut. According to @NFT5lut, there is hope the US Federal Reserve will deliver news supportive to crypto investors and retailers, highlighting the market’s sensitivity to dovish signals, source: @NFT5lut. Based on @NFT5lut’s view, traders may focus on FOMC communications and rate-cut expectations as primary triggers for BTC inflows or continued outflows, source: @NFT5lut.

According to @lookonchain, wallet 0x3E38 sold 700.2 WBTC over the last two days for $59.95M, locking in a realized loss of $21.68M as reported on X (source: @lookonchain on X; Arkham Intel address 0x3E3868F5e6Fd1B2C2B91b234436b46c0a5B1140C). According to @lookonchain, the same wallet had accumulated 700.2 WBTC between May 12 and July 24 for $81.64M at a $116,593 average and was forced to sell as BTC declined (source: @lookonchain on X; Arkham Intel address 0x3E3868F5e6Fd1B2C2B91b234436b46c0a5B1140C).