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