Strategy Sells and Rebuys 4,603 Bitcoin Amid Market Recovery
Strategy, a crypto player, made a notable move in the market by selling about 6,916 BTC for $432.5 million after June 22, according to Santiment.
The average sale price was around $62,500 per Bitcoin.
Then, between August 24 and 30, Strategy spent $369.7 million to buy 4,603 BTC at an average price of $80,318 per Bitcoin, which is about $17,800 higher than the earlier average sale price.
Santiment described this move as selling during the downturn and buying again during the recovery.