According to The Kobeissi Letter, circulating claims that Michael Saylor sold 47,000 BTC are false and reflect rumor-driven FUD that can appear near capitulation lows, source: The Kobeissi Letter. The Kobeissi Letter adds that such false large-sale chatter can mark a potential bottom in BTC as sentiment washes out, which traders track for reversal setups, source: The Kobeissi Letter. The Kobeissi Letter frames this event as a contrarian bullish signal rather than evidence of real supply hitting the market, source: The Kobeissi Letter.