Strategy Sells BTC, Perpetual Futures Moving Onshore Expands HYPE TAM, Tactical Setup Improving for Majors

Strategy Sale Sparks Fear, Market Absorbs It Well: BTC continued to sell off this morning, likely aided by the news that MSTR moved 411 BTC to Coinbase Prime (~$30MM at the time), ostensibly to be sold. On-chain data from Arkham was the support for this rumor. Saylor signaled in the previous earnings call that he would do this, and so this is not surprising to me. However, this could support a view of "local peak f...

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