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Whale Moves

Metaplanet Moves 1,000 Bitcoin Worth $79.8 Million to Coinbase Prime

Metaplanet logo alongside a Bitcoin coin and Coinbase logo in a crypto market-themed illustration.

Metaplanet sent 1,000 BTC to Coinbase Prime across three transactions, moving roughly $79.77 million of Bitcoin to the platform, according to blockchain analytics platform Lookonchain.

The transactions involve part of a 43,000-BTC position that the Bitcoin miner accumulated for about $3.48 billion. Its average acquisition price for those holdings was $96,191 per BTC.

The Coinbase Prime transfers occurred within roughly an hour of the Lookonchain update.

Metaplanet Deposited 1K BTC into Coinbase Prime
Metaplanet Deposited 1K BTC into Coinbase Prime

Source: Lookonchain