# Sell-Off Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Sell-Off", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

The Strategy of Accumulating Cryptocurrency on Company Balance Sheets Is Worn Out — Bloomberg

The strategy of companies accumulating cryptocurrency on their balance sheets has become outdated, according to Bloomberg. Since the start of the year, the market capitalization of such Digital Asset Treasury (DAT) companies in the US and Canada has fallen by 43%. Shares of Strategy, a major corporate Bitcoin holder, have dropped over 20% this year and are down more than 70% from their mid-2025 peak. This downturn, turning DATs into a toxic asset for investors, followed the broader crypto market's decline from its autumn 2025 highs, where Bitcoin lost over a third and Ethereum halved in value. This created a negative cycle where falling crypto prices reduced the collateral for company loans, forcing asset sales that further depressed prices. Attempts by at least ten DATs to pivot, often to artificial intelligence, have largely failed, resulting in significant stock price declines for companies like Wave Media and AlphaTON Capital. The exception has been crypto miners like CoreWeave, who successfully leveraged their existing computing infrastructure for new ventures. Many companies, including miners and data center operators, are now selling their crypto holdings. Recent examples include Hyperscale Data selling $43 million in Bitcoin, Strategy selling $108.6 million in BTC for a share buyback, and Japan's Quantum Solutions selling Ethereum to fund its AI business.

cryptonews.ruYesterday 08:06

The Strategy of Accumulating Cryptocurrency on Company Balance Sheets Is Worn Out — Bloomberg

cryptonews.ruYesterday 08:06

Frenzied Sell-off

On the evening of August 19th, Bitcoin's price surged sharply, leading to a record closure of short positions totaling over $1.6 billion. This rally, lifting Bitcoin above $72,000 for the first time since early June, was mirrored by significant gains in other cryptocurrencies like Ethereum, Solana, and XRP. The price movement was attributed to a combination of factors, including substantial inflows into Bitcoin ETFs—approximately $518 million on August 19th alone—and market reactions to former President Donald Trump's meeting with crypto industry representatives, where he advocated for the Clarity Act. However, experts caution this growth is likely temporary and technical, fueled largely by the massive short squeeze rather than a fundamental increase in demand. Institutional demand for Bitcoin remains low, with ETF inflows recovering only cautiously after major outflows in June, and retail investor activity is seasonally weak. Market participants believe Bitcoin's price trajectory in the coming months will depend heavily on the U.S. Senate's decision on the Clarity Act, which aims to provide clear crypto regulation, and on the Federal Reserve's signals regarding potential interest rate cuts. Until these events provide clearer direction, Bitcoin is expected to trade within its recent range, with volatility influenced by derivative market liquidations.

cryptonews.ru08/20 20:34

cryptonews.ru08/20 20:34

Multicoin Transfers $10 Million Invested in HYPE to Coinbase Prime, Sparking Sell-Off Concerns

On August 18, blockchain tracking service Onchain Lens reported that venture capital firm Multicoin Capital transferred approximately 172,710 HYPE tokens (worth about $10.15 million) to the institutional trading platform Coinbase Prime. This move, often associated with institutional selling, sparked market concerns about a potential large-scale sale, given HYPE's status as a top-ten cryptocurrency with a nearly $13 billion market cap. While the transfer is relatively small compared to Multicoin's remaining HYPE holdings valued at roughly $126.63 million, the destination—Coinbase Prime, a direct conduit for regulated market sales—led Onchain Lens to classify it as a "probable sale." This alarmed traders, as significant token inflows to exchanges are widely seen as a precursor to increased selling pressure. Such moves are particularly sensitive for HYPE, which trades below its June high and supports a large leveraged open interest of nearly $11.8 billion, making it vulnerable to sudden price drops. Multicoin has previously denied selling intentions, stating in July that unstaking activities were for wallet management and privacy. However, the latest transfer's direct path to settlement fuels speculation. The concern contrasts with Hyperliquid's strong fundamentals, highlighted in a June Multicoin report projecting significant revenue and a tokenomics model where 99% of protocol revenue is used to buy back and burn HYPE tokens. The report even suggested a long-term price target of $319 by 2028. Ultimately, the $10.15 million transfer highlights the ongoing tension between HYPE's positive long-term fundamentals and the short-term market anxiety triggered by major holder movements, with Multicoin's remaining nine-figure position ensuring its wallet activity will continue to significantly impact market sentiment.

cryptonews.ru08/19 05:22

Multicoin Transfers $10 Million Invested in HYPE to Coinbase Prime, Sparking Sell-Off Concerns

cryptonews.ru08/19 05:22

Attention: Major Investor Sells Off $33 Million Worth of Altcoin! Price Drops

Attention: A large investor sold $33 million worth of an altcoin, causing its price to drop. According to blockchain data, an Uniswap investor transferred a total of 9.295 million UNI tokens, worth approximately $33.46 million, to a Coinbase Prime hot wallet. This investor has previously taken profits during UNI price rallies. The transfer is linked to today's roughly 8% drop in UNI's price, though there is no confirmed information that it was for an immediate sale. The decline follows UNI's surge last November after Uniswap implemented a fee-switch mechanism. Separately, prominent crypto trader Machi Big Brother attracted attention with high-leverage Ethereum trades. Data shows Machi was liquidated on two overnight long ETH positions, losing about $2.5 million total. However, the investor subsequently re-entered the market, opening a new long ETH position worth approximately $4.6 million with about $180,000 in remaining margin, equating to roughly 25x effective leverage.

cryptonews.ru08/12 16:01

Attention: Major Investor Sells Off $33 Million Worth of Altcoin! Price Drops

cryptonews.ru08/12 16:01

Following Large-Scale Bitcoin Sell-Off, Strategy CEO Reveals When They Will Resume Buying Bitcoin

Strategy CEO Phong Le explained the company's recent pause in Bitcoin purchases, stating it was not due to the price of BTC but to a strategic effort to build up its dollar reserves. The company recently sold over 1,600 bitcoins for approximately $108 million and has not made new BTC purchases for seven weeks. Le emphasized that Strategy holds 840,000 BTC, having bought 175,000 and sold only 7,000 this year, netting a 25% increase in its holdings. He characterized the current market as a bear cycle, noting the decline from last October's highs has lasted about eight months, which is not unusual for Bitcoin. Addressing speculation about financial trouble, Le pointed to the company's low leverage, years of dividend coverage, and $55 billion in Bitcoin holdings as evidence of stability. He stated decisions on Bitcoin transactions are made jointly with Chairman Michael Saylor and the board. Le announced that Strategy plans to resume Bitcoin purchases later this year, with timing based on shareholder benefit rather than a specific price target. He also commented that clearer crypto regulations from Congress could reduce market uncertainty.

cryptonews.ru08/11 18:26

Following Large-Scale Bitcoin Sell-Off, Strategy CEO Reveals When They Will Resume Buying Bitcoin

cryptonews.ru08/11 18:26

"Mysterious Whale" Dumps $486 Million Worth of Bitcoin in Three Weeks

In three weeks, a mysterious "Bitcoin whale" has sold 7,513 BTC, worth approximately $486.9 million, with a single transaction of 1,019 BTC ($66.4 million) noted just hours before a warning. Despite these significant sales, the Bitcoin price remained relatively stable, suggesting the volume was absorbed by over-the-counter buyers or exchange order books without causing a sharp decline. This activity coincides with other large holders reducing positions, including MicroStrategy, which sold 1,638 BTC (~$104.7 million) between July 27 and August 2. MicroStrategy's monetization program, approved for up to $5 billion in sales by 2026, involves selling at a paper loss relative to its average acquisition cost of $75,419 per coin, framed as routine treasury management. The market impact appears muted so far, with Bitcoin trading in a narrow range and no cascading liquidations triggered. This resilience may stem from deeper liquidity from spot ETF inflows and institutional buyers absorbing supply. The changing ownership structure, where whale behavior is gaining significance and long-term holder supply is at a record high, makes such large movements noteworthy, though current sales seem to involve newer, more price-sensitive coins rather than deeply dormant holdings.

cryptonews.ru08/10 19:55

"Mysterious Whale" Dumps $486 Million Worth of Bitcoin in Three Weeks

cryptonews.ru08/10 19:55

Major Player Saylor Intensifies Bitcoin Sell-Off: MicroStrategy Announces Another Large-Scale BTC Sale!

Strategy, the world's largest publicly traded holder of Bitcoin, has announced another major sale. Founder Michael Saylor stated the company sold 1,690 BTC for approximately $108.6 million between August 3rd and 9th, at an average price of $64,262 per Bitcoin. This sale marks the fourth consecutive week of selling, bringing Strategy's total Bitcoin holdings down to 840,447 BTC. The company has not purchased any BTC for approximately seven weeks. The stated purpose of the sale is to fund dividends for preferred shares and to repurchase its STRC shares. During the same period, Strategy raised $653.1 million through the sale of MSTR shares, using $109 million of that for the STRC share buyback. Following these actions, Strategy's US dollar reserves have grown to approximately $4.65 billion. The company reports this extends the period it can pay dividends using these dollar reserves by 143 days, to a total of 2.7 years. The moves also reportedly reduced the Bitcoin-backed loan burden for STRC by 10 basis points.

cryptonews.ru08/10 15:00

Major Player Saylor Intensifies Bitcoin Sell-Off: MicroStrategy Announces Another Large-Scale BTC Sale!

cryptonews.ru08/10 15:00

Metaplanet Top Manager Names Condition for Bitcoin's Market Cap Growth to $100 Trillion

A Metaplanet executive believes the recent negative sentiment and price correction in the crypto market is temporary and exaggerated. He attributes Bitcoin's downturn partly to companies that use borrowed capital to buy BTC, whose stocks have fallen harder than Bitcoin itself. This dynamic is typical of major sell-offs that purge excess leverage from the market. While these companies face investor pressure now, they could see the fastest growth when the trend reverses, similar to the 2022 bear market cycle. The manager sees signs of a market bottom forming and states that once sellers are exhausted, Bitcoin could surge sharply even without major news. He also downplays overhyped risks like quantum computing. The article notes that Blockstream's Adam Back previously predicted Bitcoin's market cap could reach $200 trillion, partly due to accumulation by firms like Strategy.

cryptonews.ru08/07 13:43

Metaplanet Top Manager Names Condition for Bitcoin's Market Cap Growth to $100 Trillion

cryptonews.ru08/07 13:43

Bitcoin Price Drop Triggers Altcoin Sell-Off, While ADA Bucks the Trend

Bitcoin experienced a week of significant volatility in late July, with a sharp sell-off on July 31 dropping its price to around $62,236. This decline, which saw Bitcoin's market cap fall from over $1.3 trillion to $1.26 trillion, triggered a broader sell-off across the crypto market. Consequently, the total crypto market cap fell from a recent peak of nearly $2.33 trillion to $2.22 trillion. While most major altcoins like Ethereum (ETH), XRP, and Solana (SOL) posted weekly losses between 2-3%, Cardano (ADA) was a notable exception, surging 15.3%. BNB also gained 2.4%. The price action was influenced by market uncertainty stemming from the unresolved U.S. CLARITY Act legislation and heightened geopolitical tensions in the Middle East. Despite some industry optimism for regulatory clarity, these external pressures continue to cloud the near-term recovery prospects for Bitcoin and the wider crypto market.

cryptonews.ru08/02 21:01

Bitcoin Price Drop Triggers Altcoin Sell-Off, While ADA Bucks the Trend

cryptonews.ru08/02 21:01

Founder of Today's Most Talked-About Altcoin Sells Nearly All His Tokens!

Notable selling activity is occurring with the ASTEROID tokens, reportedly launched by a former BNB Chain employee. According to Lookonchain, the token's developer has made an approximate profit of $628,000 by selling a significant portion of holdings. Data shows the former employee bought 796.7 million ASTEROID tokens (79.67% of the total supply) for $10,000 via four newly created wallets shortly after the token's creation. Subsequently, 718.8 million tokens were sold on the market for approximately 1,103 BNB (~$638,000), resulting in the substantial profit after deducting the initial investment. BNB Chain previously stated that the former employee had unauthorized access to a seed phrase linked to the company's official test wallet and used it to mine the ASTEROID memecoin. The company emphasized that ASTEROID was not created, authorized, or endorsed by BNB Chain and announced it has initiated legal proceedings against the former employee and is cooperating with relevant government authorities.

cryptonews.ru08/01 19:31

Founder of Today's Most Talked-About Altcoin Sells Nearly All His Tokens!