🚨 $290M LIQUIDATED AS MSCI DROPS STRATEGY FROM ITS INDEXES Crypto just saw another sharp flush after MSCI confirmed it will remove Strategy ($MSTR) and several other treasury-style companies from its global indexes. The concern is simple. Index removal means passive funds tracking MSCI benchmarks may be forced to sell $MSTR shares. Strategy previously estimated roughly $2.8B of potential selling, while JPMorgan warned the number could reach $8.8B if other index providers follow. The market reacted fast. Around $290M was liquidated in 24H, with $BTC taking the largest hit. This does not directly force Strategy to sell its $BTC. But it weakens one of the biggest bridges between traditional passive capital and the Bitcoin treasury trade. And in an already fragile market, that was enough to trigger another leverage flush.