Metaplanet Moves 1,350 BTC to Coinbase Prime

Metaplanet has made a significant move by transferring 1,350 Bitcoin to Coinbase Prime. This transfer is valued at approximately $108 million and brings Metaplanet's total holdings to 43,000 BTC, worth around $3.48 billion.

This development is seen as an operational move rather than a sale, highlighting the company's ongoing strategy of accumulating Bitcoin amidst market fluctuations.

Meanwhile, Bitcoin's price has been hovering around $79,716 and is approaching a key resistance at $80,000, with traders watching the monthly close for potential direction on the market.