Bitcoin Whale Address Sells Over 42,000 BTC Twice in March, MSTR Subsequently Buys 22,000 BTC

BTC0,6%

Gate News reports that on March 21, crypto analyst Murphy posted on X, reviewing the Bitcoin capital flow over the past week. On-chain monitoring shows that on March 11 and 13, when BTC prices rebounded to the $70,000 to $71,000 range, a group of whale addresses (each holding over 1,000 BTC) sold 24,867 and 17,818 BTC respectively. Among these, the coins sold on March 11 were realized at an average loss of 50% compared to cost, while those sold on March 13 incurred less than 10% loss. Data indicates these coins were originally bought at lows between May and July 2025 and in early April. On March 17, MicroStrategy purchased 22,337 BTC.

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