According to Lookonchain monitoring, Japanese listed company Metaplanet deposited 3,000 $BTC into Coinbase Prime within the past 24 hours, totaling approximately 237 million USD.

As a representative traditional company that continues to accumulate Bitcoin, Metaplanet has been taking frequent actions recently. This large transfer to an exchange has drawn considerable attention, and the market is also speculating whether there will be any subsequent sell-off.

Bitcoin has been trading in a volatile range at high levels recently, and moves by traditional companies often affect market sentiment. What do you think about this large transfer?

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