Upcoming $1.4B Grayscale Bitcoin Unlock Could Collapse Bitcoin

As Bitcoin struggles around the $30,000-$32,000 range after a huge price drop in May, another major bearish event looms over Bitcoin and could be the big catalyst that tanks it below the $30K support.

A total of nearly 41,000 BTC will be unlocked in July, amounting to nearly $1.4 billion in notional value. The biggest of these unlocks will be on July 18th…