2026-06-03：Institutional Exhaustion and the Broken "Never Sell" Narrative: Why Crypto is Decoupling from Equities

Bitcoin was supposed to move like high-beta tech. Instead, while the S&P 500 climbed above 7,600 and the Nasdaq pushed past 27,000, crypto broke away in the wrong direction. In this episode, we unpack why 32 Bitcoin sold by Strategy may have mattered more than the dollar amount, how 11 straight days of Bitcoin ETF outflows exposed a missing U.S. bid, and why a 739 million dollar Mt. Gox transfer still hangs over the market. But it is not all weakness: NEAR is quietly resisting the selloff, Solana is caught between strong fundamentals and unlock pressure, and RLUSD may be part of a settlement shift hiding in plain sight. The “never sell” story is cracking, but what replaces it? https://deepmarket.report/en/report/crypto/2026-06-03