Strategy: BTC Sale Triggers $527K Polymarket Loss
Strategy sold 32 BTC for $2.47M, causing trader willo2 to lose $527K on Polymarket after resolution ruled against the bet on MicroStrategy BTC sales before May 31.
SourceAnalysis
Strategy sold 32 BTC worth $2.47M, triggering a $527K loss for trader willo2 who bet heavily on Polymarket that MicroStrategy would sell Bitcoin before May 31. The trader piled $527K into the YES outcome at 80% odds only for the platform to rule confirmation outside the timeframe invalid, resolving as NO. BTC price action shows bearish structure with price at $71014.23 testing lower Bollinger support near $71067.05 while EMA50 at $74131.64 and EMA200 at $76293.64 act as resistance; RSI at 26.12 indicates oversold momentum yet MACD death cross at -793.41 keeps downside pressure intact for BTC price prediction models.
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