Half a billion in short positions wiped out! On one side, a tug-of-war under the Middle Eastern crossfire; on the other, SBF’s “ultimate plea” from prison. After a few sluggish days, BTC surged intraday to a strong $64,250, instantly decapitating the shorts and triggering a massive $504 million in liquidations—the highest since late April! However, before the bulls could even stabilize, the Middle East situation worsened again (Israel bombing targets in Iran/Lebanon), causing international oil prices to skyrocket. Brent crude is now nearing $97. The massive geopolitical shadow immediately dragged down risk assets, with BTC pulling back and currently oscillating in the $62,800 range. Fresh regulatory filings reveal that MicroStrategy has once again made a big move, purchasing 1,550 BTC (worth approximately $100 million) and launching a $181 million stock offering to continue aggressively raising funds for more buys. Saylor openly declared on X: “Now is the perfect time.” Clearly, the mega whale’s bullish faith in the market infrastructure remains unshaken. Last week’s minor outflows were nothing more than a trivial inventory adjustment.