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Crypto

Strategy Transfers $18.9M Worth of BTC, Triggers Sell Speculation

Guavy AI Editorial Team
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BTC
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Strategy, a company led by Michael Saylor, has moved 299.84 BTC worth approximately $18.91 million from one of its wallets.

The transfer occurred about nine hours before it was flagged by Lookonchain and marks the first movement from this wallet since Strategy's sale of 3,588 BTC for $216 million in multiple transactions between July 1 and July 5.

This recent move has sparked speculation among traders, with some wondering if Strategy is preparing to sell Bitcoin again.

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