Strategy: Sells 3,588 BTC for $216 Million
Strategy sold 3,588 BTC for $216 million at $60,197 average, booking $55.45 million loss versus $75,651 cost basis while holding 843,775 BTC.
SourceAnalysis
Strategy executed the sale of 3,588 BTC for $216 million at an average price of $60,197 to fund Digital Credit dividends, locking in a $55.45 million loss against the firm's $75,651 average cost basis.
Price action on the 4h chart shows BTC testing lower support near $61,529.9 amid a bearish trend with EMA50 at $61,799.56 acting as immediate resistance and EMA200 at $64,373.2 capping upside. MACD death cross and RSI at 43.08 reinforce downside momentum, shaping near-term BTC price prediction models and highlighting risks of a crypto market crash scenario influenced by institutional moves rather than AI industry impact.
余烬
@EmberCNAnalyst about On-chain Analysis