According to Lookonchain monitoring data, in the past 3 hours, the Japanese listed company Metaplanet transferred 2,400 BTC to the Coinbase Prime address. Based on the current price, the deposited amount is approximately $186 million.

It is worth noting that this is not Metaplanet’s first increase of its Bitcoin holdings. Previously, the company had already purchased 43,000 BTC with an average price of $96,191 per coin, for a total value of approximately $3.48 billion—making it one of the traditional companies with the strongest Bitcoin holdings to date.

This time, Metaplanet suddenly moved several thousand BTC to an exchange address, sparking many speculations in the community. Some believe this could be a partial profit-taking move, especially since the current Bitcoin price is far higher than its average cost basis. It is also possible that the company may choose to cash out some of its holdings.

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