
On-chain monitoring says the roughly $18.91 million transfer came after an earlier sale of 3,588 BTC, with markets watching whether it points to fresh selling or inventory adjustments.
A wallet linked to Strategy transferred 299.84 BTC, worth about $18.91 million. On-chain monitoring service Lookonchain said the transaction occurred about nine hours ago, while Strategy's previous Bitcoin transfer took place from July 1 to July 5, when the company sold 3,588 BTC for about $216 million. Strategy has not publicly commented on the latest transfer. Because Strategy is one of the largest corporate Bitcoin holders, such on-chain movements are often interpreted by the market as potential selling pressure, liquidity arrangements, or part of routine treasury management, especially as Bitcoin has recently traded in a relatively narrow range.