Arkham data shows that two addresses tied to Morgan Stanley’s MSBT Bitcoin ETF transferred BTC to Coinbase Prime deposit addresses about 10 minutes before the report. One address sent 713.458 BTC and the other moved 673.864 BTC. The combined transfer came to roughly 1,387 BTC, with the report putting the value at about $106 million. The update was cited by ChainCatcher as an on-chain movement alert and did not include extra details on the purpose of the transfers.
According to ChainCatcher, citing Arkham data, two addresses linked to Morgan Stanley’s MSBT Bitcoin ETF sent BTC to Coinbase Prime deposit addresses about 10 minutes before the report.
One transfer totaled 713.458 BTC, while the other came to 673.864 BTC. Combined, the two transactions amounted to about 1,387 BTC, valued at roughly $106 million.
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