as the mstr mnav has squeezed, people who borrowed against their stock have been margin called
they sell bitcoin to cover the call
which drives bitcoin and mstr lower
vicious feedback loop
have heard a few direct reports of this, probably part of the reason for the dump to 112k
npub1qn…w95gx
2025-08-23 13:39:34 UTC
Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxPublished at
2025-08-23 13:39:34 UTCEvent JSON
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"pubkey": "04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9",
"created_at": 1755956374,
"kind": 1,
"tags": [],
"content": "as the mstr mnav has squeezed, people who borrowed against their stock have been margin called\n\nthey sell bitcoin to cover the call\n\nwhich drives bitcoin and mstr lower\n\nvicious feedback loop\n\nhave heard a few direct reports of this, probably part of the reason for the dump to 112k",
"sig": "3fe25882360acc33ee6beabba579da023076ee69fc7305914c2e7f5a78c00324228a8aeed2c41a67843dca9b176968f92734f743404a8bffb30b9ddc91a7f025"
}