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Data: Morgan Stanley deposits 71.664 BTC to Coinbase suspected of selling

MarsBitNews
Mars Finance reports that, according to Arkham monitoring, Morgan Stanley's spot Bitcoin ETF MSBT has transferred 71.664 BTC to Coinbase, suspected of selling activity. Based on market prices, the value is approximately $5.09 million. After this transfer, MSBT's total Bitcoin holdings decreased to 3,472 coins, worth about $240 million.
BTC-7%
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QuantsAndCats
· 10h ago
Holding 240 million, this amount of outflow is considered a der.
View OriginalReply0
LateAlphaCourier
· 10h ago
Old money on Wall Street remains stable, taking profits in stages
View OriginalReply0
GateUser-72e48736
· 10h ago
Coinbase deposit = sell, I understand this logic
View OriginalReply0
Re-StakingSucculents
· 10h ago
5.09 million compared to 240 million is just a drop in the bucket, don't panic
View OriginalReply0
KiteAndBlock
· 10h ago
There are still so many 3472 tokens left, just regular rebalancing.
View OriginalReply0
GateUser-34d2b0ab
· 10h ago
Is Morgan Stanley also starting to sell? What about institutional confidence?
View OriginalReply0

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