Metaplanet has transferred 3,000 BTC to Coinbase Prime in the last 24 hours, worth approximately $237 million.

BlockBeats News, August 29th, according to LookIntoChain monitoring, the Bitcoin treasury company Metaplanet accumulated 3000 BTC into Coinbase Prime in the past 24 hours, worth approximately $237 million.

Previously, Metaplanet has transferred BTC to Coinbase Prime multiple times. It is important to note that transferring to Coinbase Prime does not necessarily indicate a sell-off. The platform offers institutional custody, trading, and financing services, so it is currently not possible to conclude that Metaplanet is selling BTC based on this action.