CryptoQuant says bitcoin's realized P/L ratio hit -0.35, a 43-month low last seen after FTX collapsed, just as Saylor's Strategy sold 3,588 BTC.

Strategy's sale of 3,588 bitcoin sent BTC below $62K, triggering liquidations and reigniting debate over Saylor's strategy.

First, it was a tiny amount of bitcoin sales, then it was the purchase of several thousand BTC, and finally, today, the unloading of thousands of BTC. What's happening at Strategy?