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PiCK

Strategy Fuels Fresh Bitcoin Sale Speculation With 1,030 BTC Transfer

Source
Suehyeon Lee

Summary

  • Strategy may be moving toward another sale of its Bitcoin (BTC) holdings.
  • Lookonchain said a wallet linked to Strategy transferred 1,030 BTC worth about $66.14 million to an external address.
  • Lookonchain said the transfer could precede another Bitcoin sale by Strategy.

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Photo: Lookonchain
Photo: Lookonchain

Michael Saylor-led Strategy may be moving toward another sale of its Bitcoin holdings.

On Aug. 4, on-chain analytics platform Lookonchain reported that a wallet linked to Strategy transferred 1,030 BTC, worth about $66.14 million, to an external address about two hours earlier.

Lookonchain said the transfer could precede an additional Bitcoin sale by Strategy.

#Whale Movement
#Trending Coins
#On-chain Data
Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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