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Metaplanet has moved , ($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 % Metaplanet's cost basis — the transfer raises the question of custody rebalancing vs preparation for distribution at a loss. : 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

