The value of Bitcoin held by treasury companies crossed $100 billion for the first time since early June, reaching $109 billion on August 28. Metaplanet transferred 3,000 BTC worth $237 million to Coinbase Prime, but its recorded holdings remained unchanged at 43,000 BTC, approximately $3.3 billion, suggesting no sale had been confirmed yet. Bitcoin’s Exchange Supply Ratio fell to 0.134, its lowest monthly level in ten days, indicating increasingly limited available supply on exchanges. Bitcoin fell from $81,000 to $77,000, but the bullish structure remained intact with Aroon Up at 92%. A confirmed sale by Metaplanet could push the price toward $73,000, while renewed buying could help reclaim the $80,000 level.
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