
Trump Media: 2,628 BTC Moved to Crypto.com Was Not Sold
Trump Media clarified that a transfer of 2,628 BTC to Crypto.com was a custody move, not a sale, pushing back on speculation about a Bitcoin liquidation.
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Trump Media clarified that a transfer of 2,628 BTC to Crypto.com was a custody move, not a sale, pushing back on speculation about a Bitcoin liquidation.

Bitcoin surged past $65,500 as bearish traders paid a heavy price, with $209 million in crypto short positions liquidated across major markets.

Over $700 million in Bitcoin long positions were wiped out as BTC slipped under $60,000, reflecting weak demand and sustained losses across the market.

Bitcoin fell below $60,000 triggering a wave of forced selling across crypto markets, with $895 million in positions liquidated in a sharp sell-off.

Real estate mogul Grant Cardone added 282 Bitcoin to his holdings as broader crypto markets continued to slide, signaling confidence in BTC at lower prices.

Real estate firm Cardone Capital has purchased 282 more Bitcoin for roughly $18 million, pushing toward a stated goal of holding 3,000 BTC by 2026 funded by rental income.

Cardone Capital has purchased 282 Bitcoin for approximately $18 million, expanding its hybrid strategy that blends real estate with direct cryptocurrency holdings.