Strategy disclosed Monday that it sold 1,638 Bitcoin last week at an average price of $63,957 each, raising $104.73 million and trimming total holdings to 842,138 BTC. MSTR fell 1.9% pre-market alongside Bitcoin's decline to $62,400. A whale wallet holding 16,400 BTC — worth approximately $1.04 billion — moved its entire balance to a new address on Monday after seven months of inactivity, though the coins did not move to a known exchange wallet, suggesting a custody change or OTC transaction rather than an imminent sale. Federal Reserve Bank of New York President John Williams said the Fed will not hesitate to raise rates if inflation doesn't cool toward 2%, adding that his personal forecast is for inflation to ease gradually in the second half of 2026. ARP Digital partner Yusuf Fakhro provided the most analytically precise framing of Bitcoin's current position: the market that dragged Bitcoin off $65,000 this week didn't sell it hard — it just stopped showing up. ETF flows turned negative by nearly 4,000 BTC on the week after a run of steady inflows. July logged the lowest average daily spot volume since November 2023. CME open interest has reverted to 2023 levels. Perpetual futures positioning has stalled near 300,000 BTC. Strategy has paused Bitcoin buying for a fifth straight week.