Santiment founder: Strategy's liquidation will be Bitcoin's "biggest bull market catalyst".

PANews reported on February 6th, citing Cointelegraph, that Santiment founder Maksim Balashevich stated in an interview that the biggest catalyst for a Bitcoin bull market might be the liquidation of Michael Saylor's Strategy. He believes that extreme negative events like the FTX crash often signal a market bottom, and Strategy, holding approximately 772,000 Bitcoins (about 3.7% of the total Bitcoin supply), would send a strong bottoming signal if it were to fall into trouble. Although Strategy's debt maturities are mainly concentrated between the end of 2027 and 2032, and there is no urgent selling pressure in the short term, Balashevich speculates that if the market continues to deteriorate, shareholder pressure could force the company to adjust its holdings.