🚨 43,000 BTC transferred to Coinbase Prime — Is Metaplanet selling Bitcoin?
$237 million USD worth of BTC that Metaplanet moved to Coinbase Prime immediately drew market attention. But don’t jump to conclusions—this isn’t necessarily a sell-off! 👀
CEO Simon Gerovich said the BTC transfer transactions earlier in August only involved changing the custody unit, not selling.
Notably: Metaplanet still reports holding about 43,000 BTC. 🔥
So what is this flow of funds really signaling?
👉 Moving funds doesn’t mean selling BTC. But with a size of $237 million USD, this is definitely a transaction worth watching.
#Bitcoin #BTC #Metaplanet #coin #Crypto #BitcoinNews $BTC
$237 million USD worth of BTC that Metaplanet moved to Coinbase Prime immediately drew market attention. But don’t jump to conclusions—this isn’t necessarily a sell-off! 👀
CEO Simon Gerovich said the BTC transfer transactions earlier in August only involved changing the custody unit, not selling.
Notably: Metaplanet still reports holding about 43,000 BTC. 🔥
So what is this flow of funds really signaling?
👉 Moving funds doesn’t mean selling BTC. But with a size of $237 million USD, this is definitely a transaction worth watching.
#Bitcoin #BTC #Metaplanet #coin #Crypto #BitcoinNews $BTC
