Strategy +4,871 to 767k +46k/mo 3x miner absorp Riot MARA 250 sold/38k Bitfarms sells whales bc1quz 300 BTC $20M Binance wdrl MSTR Metaplanet
Key Questions
How much Bitcoin did Strategy recently acquire?
Strategy added 4,871 BTC worth $330M, bringing holdings to 766,970 BTC. This equates to +46k BTC monthly, 3x miner supply.
What selling activity is seen from miners like MARA and Riot?
MARA sold 250 BTC and holds 38k; Riot sold in Q1; Bitfarms faced liquidation. Miners are offloading treasury amid layoffs and shutoffs.
What whale dumps were reported?
Whale bc1quz dumped 300 BTC ($20.6M) to Binance at a loss, with SOPR <0.8. On-chain data shows negative CVD and distribution.
How do corporate holders like Metaplanet and Strive compare?
Metaplanet holds 40k+ BTC targeting 210k; Strive added to 13k. These contrast miner sales with accumulation trends.
What does Glassnode and Arkham data indicate?
Glassnode/Arkham/Lookonchain report mixed on-chain flows with FUD from whale moves. Contrarian signals point to $110k potential.
Why are miners selling Bitcoin?
Miners face major layoffs, treasury selloffs, and regional shutoffs post-halving. Examples include MARA moving $17M BTC after selloff.
What is the profit-to-loss ratio signaling?
A 3:1 profit-to-loss transaction ratio suggests a local top risk. However, Strategy's absorption counters supply pressure.
How does Strategy's buying impact supply dynamics?
Strategy absorbs nearly 3x new BTC supply monthly. This battles $330M whale moves and $1.57B weekly purchases.
Strategy +4,871 BTC $330M to 766,970 +46k/mo 3x miners Riot Q1 sold MARA 250 BTC sold holds 38k Bitfarms liq; Metaplanet 40k Strive 13k vs whales bc1quz dumps 300 BTC $20.6M to Binance at loss LTH SOPR<0.8 CVD neg/mixed on-chain distrib Glassnode/Arkham/Lookonchain FUD contrarian $110k.