Cryptoquant: The increase in Strategy does not indicate a bottom phase, but aligns with market momentum and boosts sentiment.

BlockBeats news, on August 20, Cryptoquant released a market analysis stating that the buying by Strategy does not always reach the stage bottom and push up the BTC price. It generally buys through OTC Trading and settles on-chain in batches. Sometimes this practice aligns with market momentum and boosts market sentiment, but the market depth far exceeds any single transaction. The best way to interpret the buying behavior of Strategy is to view its purchases as a demand background, and then confirm through ETF flow, Spot CVD, and the Coinbase premium on US trading platforms.

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