CoinDesk·2 min read·medium
Live updates: Bitcoin at $63,600 as Japan's Metaplanet moves 3,881 BTC between wallets
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Shaurya Malwa
✦AI Summary
Japanese firm Metaplanet has transferred 3,881 BTC between its own self-custody wallets, a move analysts interpret as internal reshuffling rather than a sell-off. Despite the company's aggressive accumulation strategy, it currently faces significant unrealized losses due to Bitcoin's market price.
The move went from the company's cold wallets to new addresses it also controls, not to an exchange.
businesscryptoeconomy
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