Cryptocurrency analyst Darkfost reported in a CryptoQuant contribution that MicroStrategy (MSTR) still holds more than Binance, the world's largest exchange, despite having sold off some of its holdings. He explained, "MicroStrategy sold 3,588 BTC, but still holds 843,775 BTC, which significantly surpasses Binance's holdings of 656,561 BTC. Binance's estimated realized price (average cost) for BTC is $60,900, which is significantly lower than MicroStrategy's average cost of $75,476."
