⚠️ MicroStrategy is sitting on its largest unrealized loss in history — -$10.8B down on its Bitcoin position, -17% underwater after six years of accumulation. The stock has fallen -77% from its all-time high. The company recently sold 32 BTC at $77,135 per coin. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: MSTR's mounting losses matter for BTC traders because the company has been the single largest institutional bid supporting spot price. A -17% underwater position raises the question of whether MicroStrategy shifts from buyer to seller — or at least pauses accumulation. If MSTR stops buying, a structural demand pillar weakens. The $77K sale price also sets a reference: they're selling into weakness, not strength. --source: https://x.com/KobeissiLetter/status/2062475802252365980 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))