Markets· ★★★★· bullish·

Morgan Stanley pulls 1,100 BTC from Coinbase, holdings top 9,000 BTC

  • —About 1,100 BTC worth over $96 million withdrawn
  • —Total holdings reached 9,218 BTC
  • —Position valued at more than $775 million
  • —Withdrawal made from a Coinbase Prime address
Why it matters: Major banks keep expanding bitcoin exposure through ETFs, underpinning institutional demand.
Source: PANews