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- —About 1,100 BTC worth over $96 million withdrawn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