– Strategy plans Bitcoin purchase after €620 million fundraising – Bitcoin OG whale sells $11 billion BTC since October 21

Key Highlights:

Strategy, holding 641,205 BTC, is preparing for further acquisition after a fundraising in Europe.
The company has completed five test transactions from Coinbase Prime, signaling possible large BTC purchases.
Recently raised €620 million ($717 million) through an STRE offering in Europe, marking its first foreign market venture since 1998.
Latest purchase: 397 BTC at an average price of $114,771 on Nov. 3.
Current Bitcoin trading price: $101,800 with a market cap of $2.03 trillion.

OG Whale Movement

Bitcoin OG whale Owen Gunden has been selling his BTC holdings, totaling approximately $11 billion since Oct. 21 via Kraken.
Transferred the last portion of his assets, 3,549 BTC worth $361.8 million, to an unknown address, and deposited 600 BTC ($61.1 million) to Kraken.
This activity may exert downward pressure on Bitcoin's price unless offset by Strategy's potential purchases.