{"id":78819,"date":"2026-09-29T09:40:11","date_gmt":"2026-09-29T09:40:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/is-saylors-strategy-dumping-bitcoin-3568-btc-leaves-linked-wallets\/"},"modified":"2026-09-29T09:40:11","modified_gmt":"2026-09-29T09:40:11","slug":"is-saylors-strategy-dumping-bitcoin-3568-btc-leaves-linked-wallets","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/is-saylors-strategy-dumping-bitcoin-3568-btc-leaves-linked-wallets\/","title":{"rendered":"Is Saylor&#8217;s Strategy Dumping Bitcoin? 3,568 BTC Leaves Linked Wallets"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Earlier today, 3,568 BTC ($297M) was flagged leaving Strategy-labeled wallets over 9 hours.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Arkham\u2019s Emmett Gallic said the 12 transfers were Fidelity Custody moves, not a sale of Strategy BTC.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strategy holds 847,666 BTC at a $75,437 average cost, about 10% under bitcoin\u2019s price near $83,000.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>What Does the Data Actually Show?<\/h2>\n<p>The alert came from prominent blockchain sleuth Lookonchain, <a href=\"https:\/\/twitter.com\/lookonchain\/status\/2104742200206835763\" target=\"_blank\" rel=\"noopener noreferrer\">listing 12 outbound transfers over nine hours<\/a>, ranging from 137.643 BTC to 452.122 BTC. Added together, they come to about 3,567.5 BTC. As expected, the development made the airwaves and several trackers (such as <a href=\"https:\/\/twitter.com\/WhaleInsider\/status\/2104767674672898172\" target=\"_blank\" rel=\"noopener noreferrer\">Whale Insider<\/a>) reposted the $297 million number subsequently.<\/p>\n<p>Arkham analyst <a href=\"https:\/\/x.com\/emmettgallic\/status\/2104756249355304980\" target=\"_blank\" rel=\"noopener noreferrer\">Emmett Gallic took to X<\/a> and clarified:<\/p>\n<blockquote>\n<p>These are neither selling or moving. These are normal movements within Fidelity Custody. Fidelity treats all customer BTC deposits as fungible and will move the funds as needed.<\/p>\n<\/blockquote>\n<p>He also pointed out that the receiving addresses had already been labeled as Fidelity on Arkham. In plainer terms, Fidelity pools client bitcoin instead of keeping each customer\u2019s coins in a dedicated wallet. When the custodian reshuffles its own addresses, the move shows up onchain as coins leaving \u201cStrategy\u201d wallets, even though the owner never changes.<\/p>\n<h2>Why Traders Flinched Anyway<\/h2>\n<p>The nervous reaction has a history because on June 29, Strategy announced a BTC Monetization Program that lets it sell bitcoin \u201cfrom time to time\u201d to raise up to $1.25 billion for its USD Reserve. Moreover, the company\u2019s <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001050446\/000119312526295586\/mstr-20260706.htm\" target=\"_blank\" rel=\"noopener noreferrer\">July 8-K filing<\/a> showed it sold 1,363 BTC on June 29-30 at an average $59,256, and another 2,225 BTC between July 1 and July 5 at $60,773.<\/p>\n<p>Those sales came from a company whose chairman built his brand on never selling (or even entertaining such a thought). So when thousands of coins left tagged wallets overnight, some traders connected the dots before checking where the coins went.<\/p>\n<p>The timing did not help either, given the transfers surfaced just as the bitcoin price slid under $83,000 (before recovering) and about <a href=\"https:\/\/twitter.com\/cryptorover\/status\/2104768210944037120\" target=\"_blank\" rel=\"noopener noreferrer\">$500 million in positions<\/a> were liquidated across the crypto market.<\/p>\n<h2>Strategy Is Still Buying, Not Selling<\/h2>\n<p>The firm\u2019s <a href=\"https:\/\/www.strategy.com\/press\/strategy-acquires-1665-btc-and-repurchases-152-million-of-strc_09-28-2026\" target=\"_blank\" rel=\"noopener noreferrer\">latest filing showed<\/a> 1,665 BTC acquired between Sept. 21 and Sept. 27 for $142.7 million, an average of $85,681 per coin. As Bitcoin.com News reported, that lifted its <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/strategy-buys-1665-more-bitcoin-as-its-btc-treasury-hits-847666\/\">BTC treasury to 847,666<\/a> coins, acquired for about $63.95 billion, or $75,437 per bitcoin.<\/p>\n<p>With bitcoin\u2019s price currently hovering near $83,800, that stash is worth roughly $71 billion. That works out to a paper gain of about $6.5 billion, with the price sitting roughly 10% above Strategy\u2019s average cost.<\/p>\n<p>That cushion is thinner than it looks because last week\u2019s buy at $85,681 is already underwater. Strategy paid for it by selling 1,469,165 shares of MSTR stock, and it put another $103.5 million from the same raise toward buying back its STRC preferred shares. It still holds $6.02 billion in U.S. dollar reserves, which gives it room to pay dividends without touching its bitcoin.<\/p>\n<p>Saylor, meanwhile, has kept talking up bitcoin and in recent days has proposed <a href=\"https:\/\/news.bitcoin.com\/featured\/michael-saylor-proposes-rules-letting-banks-lend-against-bitcoin\/\">rules for letting banks<\/a> lend against bitcoin. Not only that, he has teased his most recent buys with his <a href=\"https:\/\/news.bitcoin.com\/featured\/even-more-orange-saylor-teases-another-strategy-bitcoin-buy\/\">Sunday orange charts<\/a>.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/saylor-strategy-3568-btc-297m-transfer-fidelity-custody\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Earlier today, 3,568 BTC ($297M) was flagged leaving Strategy-labeled wallets over 9 hours. Arkham\u2019s Emmett Gallic said the 12 transfers were Fidelity Custody moves, not a sale of Strategy BTC. Strategy holds 847,666 BTC at a $75,437 average cost, about 10% under bitcoin\u2019s price near $83,000. [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":78820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78819"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78819"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78820"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}