The post Strategy moves 43,415 Bitcoin, Arkham reveals the real reason behind the mega transfers appeared on BitcoinEthereumNews.com.

Strategy moved 43,415 Bitcoin worth $4.26 billion across more than 100 addresses since 00:00 UTC on November 14. Summary Strategy transferred 43,415 BTC in custodian migration, not selling any holdings. Michael Saylor confirms Strategy continues buying Bitcoin at current levels. Custodian migration follows ongoing rotations; Strategy remains overcollateralized. The massive transfers caused speculation before blockchain analytics firm Arkham clarified the movements were part of an ongoing custodian migration. Arkham stated the transactions are not Bitcoin (BTC) sales. The firm explained that Strategy has been transferring assets from Coinbase Custody to a new custodian over the past two weeks, with similar movements occurring throughout the migration process. Arkham breaks down custodian migration details The November 14 transfers are mainly three types of movements, according to Arkham. Strategy moved Bitcoin from Coinbase Custody to a new custodian provider. The company also conducted internal transfers within the new custodian’s infrastructure. Coinbase wallet refreshes accounted for additional movements. ON TODAY’S STRATEGY BITCOIN MOVEMENTS Since 00:00 UTC today, Strategy moved 43,415 BTC worth $4.26B to over 100 different addresses. Over the past two weeks, Strategy has been making transfers from Coinbase Custody (their existing custodian) to a new custodian. We believe… pic.twitter.com/RY9mcT8MDv — Arkham (@arkham) November 14, 2025 “This does not mean that Strategy has sold their BTC, nor do transfers from Arkham’s Strategy entity automatically imply the sale of those assets,” Arkham wrote on X. The analytics firm noted that Strategy regularly undergoes wallet and custodian rotations. Anyone monitoring Arkham’s Strategy entity over the past two weeks would have seen similar transfers followed by re-labeling of new custodian addresses. “Most of the movements that have been reported this morning appear to be a continuation of those transfers,” Arkham stated. Saylor confirms accelerated Bitcoin purchases on CNBC Michael Saylor, Strategy’s founder and executive chairman, confirmed…

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Filed under: News - @ November 15, 2025 4:31 pm