Metaplanet transfers 3881 bitcoins, resulting in a floating loss of $1.4 billion on its holdings

According to Lookonchain monitoring, Japanese listed company Metaplanet Inc. has transferred 3881 bitcoins worth approximately $247.3 million in the past 3 hours. Metaplanet currently holds approximately 43000 BTC with an average purchase cost of $961.91 per BTC, resulting in a book loss of approximately $1.4 billion and a loss of approximately 34%.