【Japanese Crypto Coin Hoarding Giant Transfers Again: 108 Million USD Bitcoin Moves to Custody 🤔📦】
Group chat: Join Mr. X’s fan group to get strategy
Here’s what’s going on:
Japanese crypto hoarding company Metaplanet
just transferred 1,350 Bitcoins
worth about 108 million USD
to an institutional custody platform 👀
Look closely at the timeline:
On August 25, it had just transferred 1,000 Bitcoins
worth 79.77 million USD
and it still went to the same platform
The frequency is indeed not low 🧐
Two back-to-back large transfers
set the market off right away
Everyone is guessing whether it’s about to sell 🤔
More conveniently,
another crypto hoarding giant has also stopped
no longer buying Bitcoin
and instead stockpiling USD cash
The two actions happen to line up 📢
Now Bitcoin is rushing toward the 80,000 mark
when whales move their coins at this moment
the signals matter
Moving coins into custody doesn’t mean selling immediately 📦
But its average cost is 96,000 USD when it built the position
it has accumulated purchases of 43,000 coins
currently it holds 38,600 coins
worth about 3.07 billion USD 💰
Right now the coin price is only around 79,000
so it’s still underwater on paper
In the first half of the year it only made about 20 million USD 😱
📌 When whales transfer coins into custody, whether they sell depends on what happens next; in the short term sentiment is rather cautious
➕ Join the fan group to get strategy! 🔥 Every day we’ll help you understand crypto market hot topics and institutional capital flows, and grasp the next opportunity in the simplest way! 🚀
#比特币 #机构资金 #Macro
Group chat: Join Mr. X’s fan group to get strategy
Here’s what’s going on:
Japanese crypto hoarding company Metaplanet
just transferred 1,350 Bitcoins
worth about 108 million USD
to an institutional custody platform 👀
Look closely at the timeline:
On August 25, it had just transferred 1,000 Bitcoins
worth 79.77 million USD
and it still went to the same platform
The frequency is indeed not low 🧐
Two back-to-back large transfers
set the market off right away
Everyone is guessing whether it’s about to sell 🤔
More conveniently,
another crypto hoarding giant has also stopped
no longer buying Bitcoin
and instead stockpiling USD cash
The two actions happen to line up 📢
Now Bitcoin is rushing toward the 80,000 mark
when whales move their coins at this moment
the signals matter
Moving coins into custody doesn’t mean selling immediately 📦
But its average cost is 96,000 USD when it built the position
it has accumulated purchases of 43,000 coins
currently it holds 38,600 coins
worth about 3.07 billion USD 💰
Right now the coin price is only around 79,000
so it’s still underwater on paper
In the first half of the year it only made about 20 million USD 😱
📌 When whales transfer coins into custody, whether they sell depends on what happens next; in the short term sentiment is rather cautious
➕ Join the fan group to get strategy! 🔥 Every day we’ll help you understand crypto market hot topics and institutional capital flows, and grasp the next opportunity in the simplest way! 🚀
#比特币 #机构资金 #Macro