Strategy Sells 3,588 BTC at Loss, Reports Weakening Bitcoin Spot Demand

According to CryptoQuant analyst Darkfost, Strategy recently completed its largest Bitcoin sale in history, selling 3,588 BTC for approximately $216 million to fund dividend payments. With an average purchase price of $75,476 and a selling price of around $60,000, the transaction resulted in an estimated 20% loss.

Despite the sale, Strategy remains one of the largest Bitcoin holders globally with 843,775 BTC, exceeding Binance's reserves of approximately 656,561 BTC. However, Binance's average realized price of approximately $60,900 is considerably lower than Strategy's acquisition cost. Separately, analyst Rahim Joshar noted that Bitcoin's 90-day Spot Taker CVD indicator, which tracks aggressive buyer and seller dominance, has returned to neutral territory, suggesting weakening spot demand may limit Bitcoin's ability to sustain price gains without genuine buyer recovery.