Woofun AI data shows that Strategy (formerly MicroStrategy) executed its largest-ever Bitcoin sale, offloading 3,588 BTC for approximately $216 million. This transaction marks the first large-scale net sell-off by the firm since December 2022, split into two batches: 1,363 BTC sold between June 29 and 30 at an average of $59,256, and 2,225 BTC sold from July 1 to 5 at an average of $60,773.

The proceeds were utilized to meet preferred stock obligations and replenish USD reserves, representing only 0.4% of the company's total holdings of 847,775 BTC. While Bitcoin's spot price remained stable around $63,000, the composite market index in futures markets dropped from 80 to 32.6, indicating a shift toward defensive positioning among leveraged traders.