Strategy's BTC holdings still exceed Binance reserves after sale

Strategy (MSTR) still holds more BTC than the reserves of the world's largest exchange, Binance, despite a recent sale, crypto analyst Darkfost noted in a CryptoQuant contribution. He explained that while Strategy sold 3,588 BTC, it still holds 843,775 BTC, significantly more than Binance's reserve of 656,561 BTC. Darkfost also pointed out that Binance's estimated realized price for its BTC is $60,900, well below Strategy's average purchase price of $75,476.