🇯🇵 Japanese MicroStrategy: The true essence of the million-transaction BTC transfer from Metaplanet
Another wave of panic about “miners dumping coins” swept across the market. However, a detailed on-chain analysis completely debunks the rumors, exposing a routine corporate maneuver by large capital.
Who’s behind it.
Public Japanese corporation Metaplanet, known in the industry as the Asian counterpart of MicroStrategy, carried out a series of transfers.
The company holds over 43 000 $BTC on its balance sheet.
The scale of the transfer.
Within a short period of time, 1 350 $BTC was moved out of the company’s wallets, totaling more than $108 million.
Where the money went. The destination endpoint was custodian accounts on the institutional platform Coinbase Prime.
This is a standard procedure for corporations used for long-term capital storage.
A transfer to Coinbase Prime is not a sell in the order book — it’s moving liquidity into a reliable vault. Institutions keep their strategic positions untouched.
$BTC
Subscribe to the channel to be the first to see real facts and on-chain maneuvers by major players—without panic! 🚀#Metaplanet #Bitcoin #BTC #CoinbasePrime #BinanceSquare
Another wave of panic about “miners dumping coins” swept across the market. However, a detailed on-chain analysis completely debunks the rumors, exposing a routine corporate maneuver by large capital.
Who’s behind it.
Public Japanese corporation Metaplanet, known in the industry as the Asian counterpart of MicroStrategy, carried out a series of transfers.
The company holds over 43 000 $BTC on its balance sheet.
The scale of the transfer.
Within a short period of time, 1 350 $BTC was moved out of the company’s wallets, totaling more than $108 million.
Where the money went. The destination endpoint was custodian accounts on the institutional platform Coinbase Prime.
This is a standard procedure for corporations used for long-term capital storage.
A transfer to Coinbase Prime is not a sell in the order book — it’s moving liquidity into a reliable vault. Institutions keep their strategic positions untouched.
$BTC
Subscribe to the channel to be the first to see real facts and on-chain maneuvers by major players—without panic! 🚀#Metaplanet #Bitcoin #BTC #CoinbasePrime #BinanceSquare
