According to data monitored by Lookonchain, within the past 24 hours, the Japanese listed company Metaplanet has transferred 3,000 BTC to the Coinbase Prime address. Based on the current BTC price, this batch of Bitcoin is worth approximately $237 million.
This move has sparked a lot of speculation in the community. Is Metaplanet’s large transfer intended to prepare for subsequent selling and cashing out, or is it simply normal asset reallocation? After all, Metaplanet has consistently been a firm holder of BTC, repeatedly adding to its holdings and buying more Bitcoin. This time, however, it suddenly transferred a large amount to an exchange, which inevitably makes the market feel some concern.
$BTC
#比特币 #Metaplanet #Coinbase
This move has sparked a lot of speculation in the community. Is Metaplanet’s large transfer intended to prepare for subsequent selling and cashing out, or is it simply normal asset reallocation? After all, Metaplanet has consistently been a firm holder of BTC, repeatedly adding to its holdings and buying more Bitcoin. This time, however, it suddenly transferred a large amount to an exchange, which inevitably makes the market feel some concern.
$BTC
#比特币 #Metaplanet #Coinbase