The strategy's transfer of 3,568 BTC has been identified as an internal reallocation within Fidelity Custody.

KuCoinFlash

Release Time: 2026/09/29 02:32:59

BTC

$84,598.10-1.99%

Summary

On-chain trading signals indicate that the 3,568 BTC moved by Strategy over the past 9 hours was not a sale or external transfer, but an internal reallocation within Fidelity Custody. Fidelity treats all customer BTC as interchangeable assets and reallocates them as needed. The addresses involved have been labeled as Fidelity on Arkham, consistent with standard trading strategy practices for institutional custody systems.

BlockBeats news, on September 29, regarding Lookonchain’s monitoring of Strategy transferring 3,568 BTC over the past nine hours, Arkham analyst Emmett Gallic stated that these transactions were neither sales nor external transfers, but rather normal internal fund movements within Fidelity’s custody system.

Fidelity treats all BTC deposited by its clients as fungible assets and transfers funds as needed. The relevant addresses have been labeled as Fidelity addresses on Arkham.

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