BTC Whale: MicroStrategy Sale Triggers $410k Loss

BTC whale entered a $31.5 million long position at $62911 on Hyperliquid moments before MicroStrategy disclosed coin sales, sending price down $1000 and creating $410k unrealized loss.

Price action now sits at $61596.4 on the 4h chart inside a bearish trend with EMA50 at $61802.17 acting as immediate resistance and EMA200 at $64373.87 capping any recovery. MACD death cross at 393.51 confirms downside momentum while RSI at 43.62 leaves room for further weakness toward lower Bollinger support at $61706.01. Traders watching BTC price prediction models note this setup aligns with recent crypto market crash patterns seen over the past six months.