“Wednesday’s large BTC transfer, flagged by blockchain trackers, was merely a “routine custody transfer” and not a liquidation
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“the transfer of 5,014 BTC, worth about $320 million, was a routine shift between custodial addresses
“We transferred 5,014 BTC between Metaplanet custodial addresses over the past 24 hours. This was a routine custody operation. No bitcoin was sold, and our holdings remain 43,000 BTC
“the company has not sold any bitcoin and still holds 43,000 BTC despite recent large on-chain movements
“MUFG plans to use blockchain technology to offer faster settlement of Japanese government bond (JGB) transactions, in a move reminiscent of similar initiatives by banks in other countries.
“bots linked to major tech companies drove up his hosting costs and forced him to spend nights learning how to keep them out
“Given their high credit worthiness and liquidity, JGBs are widely used as collateral for repo transactions by market participants in Japan and overseas, and momentum for bringing them onchain is growing,
“The process didnt match the public sales pitch