en.cryptonomist.ch
On X, Michael Saylor rejected claims of a massive sale, reigniting michael saylor bitcoin debate.
Summary
Did Arkham data confirm a 47,000 BTC sale?
Earlier this Friday, the “Walter Bloomberg” account (@DeItaone) said Saylor’s Strategy (MSTR) cut holdings by 47,000 BTC, citing Arkham. It reported a drop from about 484,000 BTC to 437,000 BTC. That headline spread quickly, as noted by a Yahoo Finance report on holdings drop.
However, Arkham’s wallet movement data cannot prove sales versus internal moves. The “47,000 BTC sold” line was inferred from transactions, not confirmed disposals. This MSTR bitcoin holdings change stemmed from arkham wallet movement data, not definitive sell orders. That said, market chatter often mistakes transfers for exits.
How michael saylor bitcoin denial unfolded
However, Saylor denied selling BTC on X and pushed back on the narrative. He addressed the rumor after it circulated widely on Friday, reinforcing his long-stated stance. Coverage echoed his rebuttal, including StreetInsider’s summary of the denial.
Why transfers can mimic sales
Moreover, there are well-known blockchain analytics limitations. Labeling shows movement, not intent. A shift between wallets or custodians can resemble selling, which is a common bitcoin custodial transfers explanation. Arkham itself has outlined what its labels capture, as detailed in Arkham labels for MicroStrategy BTC.
Ultimately, the debate shows how fast inferences spread before context catches up. For readers tracking michael saylor bitcoin, the key is simple: on-chain activity highlights transfers, while confirmed sales require clear evidence beyond wallet movements.