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Metaplanet Moves $108 Million in Bitcoin to Coinbase Prime, Raising Selloff Concerns

Bitcoin treasury firm Metaplanet is back on investors’ radar after moving 1,350 BTC into Coinbase Prime, raising concerns about a potential sell-off. The transfer comes...

Bitcoin treasury firm Metaplanet is back on investors’ radar after moving 1,350 BTC into Coinbase Prime, raising concerns about a potential sell-off.

The transfer comes as Bitcoin continues to target a successful break above the $80,000 resistance level. The movement of the coins to Coinbase Prime has fueled speculation over whether Metaplanet could be preparing to sell part of its Bitcoin holdings.

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Penulis

Staff writer at DailyNews19 covering buzz, celebs and coins. Passionate about viral culture and the stories behind the headlines.