Strategy-linked wallets moved 3,568 BTC worth about $297 million within nine hours, according to on-chain data shared by Lookonchain and attributed to Arkham Intelligence. The 11 transfers moved Bitcoin between wallets linked to Strategy. The BTC was not sent to major exchanges such as Binance or Coinbase. Some of the addresses involved have also been linked to Fidelity custody. This suggests the transfers could be related to wallet or custody management. The movements do not confirm that Strategy sold Bitcoin. Further transfers to exchanges or addresses linked to selling activity would provide more evidence of a potential sale.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
XRP price fell nearly 10% in 24 hours to around $1.18, hitting an 11-week low…
Worldcoin is heading back toward a price level that could decide its next major move.…
Cosmos has spent years grinding lower, but the weekly chart is showing a potentially important…
Harmony is showing signs of a recovery after weeks of selling pressure pushed the token…
Whales are taking a bigger share of Binance's measured transaction flow, and the timing isn't…
XRP's taker buy/sell ratio on Binance is moving toward balance, but the token's price isn't…
