Analysis: Strategy's transfer of 3,568 BTC was merely an internal transfer within Fidelity's custody, not a sale.

BlockBeats news, September 29: In response to Lookonchain's monitoring of Strategy transferring out 3,568 BTC over the past 9 hours, Arkham analyst Emmett Gallic stated that these transactions are neither sales nor external transfers, but rather normal fund reallocations within Fidelity's custody system.

Fidelity treats all BTC deposited by clients as fungible assets and will transfer funds as needed. The relevant addresses have been labeled as Fidelity addresses on Arkham.