Metaplanet Transfers $237M Bitcoin to Coinbase Prime Amid Sale Concerns
Metaplanet transferred about $237 million in Bitcoin to Coinbase Prime, prompting questions about whether it plans to sell part of its holdings. The move occurred as Bitcoin traded around $77,800 to $79,800. Metaplanet has not reported any drop in its roughly 43,000 BTC holdings, leaving open whether the transfer reflects custody management rather than a sale.