Mars Finance News, according to Arkham monitoring, in the past 48 hours, Bitcoin treasury company Strategy transferred a total of 6,536 BTC, worth over $600 million, to Fidelity Custody Deposit addresses under Fidelity. As of now, Strategy has transferred 183,887 BTC to Fidelity for custody, accounting for 28.2% of the company’s total holdings of 650,000 BTC.
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The primary driver of this price movement was on-chain whale wallets concentrating approximately 2,100 BTC inflows to exchanges within a short timeframe, representing an 18% increase compared to the previous period. Large holders' active position adjustments and concurrent large sell orders in spot and perpetual markets were simultaneously released.
GateNews15m ago
