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Guavy AI Editorial Team••Sentiment: -2•Clout: 72

Strategy Sits on More Unrealized Bitcoin Losses Than Binance

BNBBTC

CryptoQuant has weighed in on the unrealized Bitcoin losses of two major entities: Strategy and Binance. The business intelligence company holds more BTC than the world's largest crypto exchange, with a significantly larger loss margin to boot.

The latest report from CryptoQuant analyst Darkfost shows that Strategy has executed its largest BTC sale this week, selling 3,588 units for $216 million. This move reflects the company's need for liquidity rather than market conviction, according to Darkfost.

Strategy currently holds 843,775 BTC, acquired at an average price of $75,476. Meanwhile, Binance has 656,561 BTC on its books, with an estimated realized price of $60,900, well below Strategy's acquisition cost.