Latest Update
7/6/2026 12:15:00 PM

Strategy: Sells 3,588 BTC at $60,197 for $55M Loss

Strategy: Sells 3,588 BTC at $60,197 for $55M Loss

Strategy sold 3,588 BTC ($216M) at $60,197 last week, booking over $55M loss versus $75,651 average buy price amid current BTC price action at $62,116.7.

Source

Analysis

Strategy sold 3,588 BTC ($216M) at $60,197 last week, booking over $55M loss versus its $75,651 average purchase price.

Bitcoin now sits at $62,116.7 after that transaction. With price testing upper Bollinger resistance at $63,628.99 while RSI holds neutral at 48.35, a healthy retracement to the 50-EMA support at $61,822.57 appears probable before further continuation despite the MACD death cross.

Traders tracking BTC price prediction models and crypto market crash scenarios will monitor whether this Bitcoin disposal alters institutional flows over the next quarter.


Lookonchain

@lookonchain

Looking for smartmoney onchain