According to Odaily Planet Daily, Cryptoquant released a market analysis stating that strategy buying doesn't always hit the bottom of the market and drive up BTC prices. It typically purchases through over-the-counter transactions and settles on-chain in batches. Sometimes this practice aligns with market momentum and boosts sentiment, but the market depth far exceeds any single transaction. The best way to interpret strategy buying is to view it within the context of demand and then confirm it through ETF flows, spot CVD, and Coinbase premiums on US exchanges.