Strategy Moves $30 Million in BTC to Coinbase Amid Sell Speculation
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On May 29 the world’s largest corporate holder of a Bitcoin Strategy moved 411.48 BTC (about $30 million) to Coinbase Prime, drawing attention across crypto markets as traders read the on-chain transfer. Polymarket now assigns an 84% probability that the Strategy will sell some Bitcoin before Dec 31, 2026, indicating likely institutional selling pressure and potential short-term market impact for Bitcoin and broader crypto adoption.
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On May 29, the world’s largest corporate holder of Bitcoin Strategy transferred 411.48 BTC, worth over $30 million, to Coinbase Prime, a move that immediately drew attention across the crypto community as traders tried to read the intent from the on-chain activity.
The timing was especially hard to ignore considering that on Polymarket, the probability that Strategy will sell some of its Bitcoin before December 31, 2026 has now hit 84%.
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