Odaily Planet Daily reports that on-chain analyst Yujin posted on X that MicroStrategy has been selling Bitcoin during the end-of-month to beginning-of-month period for three consecutive months: selling 32 BTC from May 26 to May 31; selling 3,588 BTC from June 29 to July 5; and selling 1,638 BTC from April 27 to August 2.
MicroStrategy Sells Bitcoin at Month-End for Three Consecutive Months
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Summary
Technical analysis for crypto suggests MicroStrategy sold Bitcoin at the end or start of each month for three consecutive months. The sales included 32 BTC from May 26 to May 31, 3,588 BTC from June 29 to July 5, and 1,638 BTC from April 27 to August 2. The timing and scale of these transactions raise questions about the risk-to-reward ratio of holding large Bitcoin positions amid market volatility.
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