🚨 Metaplanet has moved 𝟭,𝟬𝟬𝟬 𝗕𝗧𝗖 ($79.77M) into Coinbase Prime, continuing a pattern of exchange deposits from its 43,000 BTC ($3.48B) holdings acquired at an average cost of $96,191. BTC around $81,000 sits roughly 𝟭𝟲% 𝗯𝗲𝗹𝗼𝘄 Metaplanet's cost basis — the transfer raises the question of custody rebalancing vs preparation for distribution at a loss. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A $80M deposit from a named public BTC holder into an exchange-linked prime broker is meaningful sell pressure, especially with the position underwater. If Metaplanet is distributing, it adds overhead supply to a market already digesting a sharp rally. Watch for follow-on transfers — recurring deposits would confirm systematic selling rather than a one-off custody move. https://arkm.com/explorer/entity/metaplanet-2 source: lookonchain Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2173(Hupzy (Spot On Chain))