Blockchain data shows the Japanese treasury firm moved the bitcoin between wallets it controls, not to an exchange, so the transfer isn't a sale despite its $1.4 billion paper loss.

Blockchain data shows the Japanese treasury firm moved the bitcoin between wallets it controls, not to an exchange, so the transfer isn't a sale despite its $1.4 billion paper…

Metaplanet and Hut8 moved a combined 1,966 BTC ($125M) off exchanges hours apart, as onchain trackers read the outflows as bullish accumulation.