đ¨ Strategy Sold $104M in Bitcoin... But Is This Really Bearish?
Strategy (formerly MicroStrategy) sold 1,638 BTC for $104.7M, but here's what many missedđ
â They still hold 842,138 BTC, making them one of the largest institutional Bitcoin holders.
đ Another major whale moved 16,400 BTC ($1.04B) after 7 months, but the funds weren't sent to an exchange, suggesting a wallet change or OTC transferânot an immediate sell-off.
đŚ Meanwhile, the Fed signaled that interest rates could stay higher if inflation doesn't cool, adding short-term pressure to the market.
đĄ The key takeaway: The market isn't crashing because institutions are aggressively selling. According to ARP Digital, the bigger issue is reduced buying participation, not heavy selling.
Don't follow headlinesâfollow the data. đ
đŹ Do you think Bitcoin is just cooling off before the next move, or is a deeper correction coming?
#Bitcoin #BTC #Crypto #Strategy #BinanceSquare
$BTC
$ETH
$BNB
Strategy (formerly MicroStrategy) sold 1,638 BTC for $104.7M, but here's what many missedđ
â They still hold 842,138 BTC, making them one of the largest institutional Bitcoin holders.
đ Another major whale moved 16,400 BTC ($1.04B) after 7 months, but the funds weren't sent to an exchange, suggesting a wallet change or OTC transferânot an immediate sell-off.
đŚ Meanwhile, the Fed signaled that interest rates could stay higher if inflation doesn't cool, adding short-term pressure to the market.
đĄ The key takeaway: The market isn't crashing because institutions are aggressively selling. According to ARP Digital, the bigger issue is reduced buying participation, not heavy selling.
Don't follow headlinesâfollow the data. đ
đŹ Do you think Bitcoin is just cooling off before the next move, or is a deeper correction coming?
#Bitcoin #BTC #Crypto #Strategy #BinanceSquare
$BTC
$ETH
$BNB