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Metaplanet moves 1,000 BTC worth $79.77M into Coinbase Prime custody

Market News
25 Aug 2026
Bitcoin
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Neutral
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Metaplanet transferred 1,000 BTC valued at approximately $79.77 million into Coinbase Prime custody, shortly after reaching a total holding of 43,000 BTC. The move is likely for regulated custody or facilitating corporate transactions rather than selling, as Metaplanet aims to accumulate 210,000 BTC by the end of 2027. The company's average cost per bitcoin is around $96,000, higher than current market prices, highlighting its long-term accumulation strategy. This transfer draws attention to Metaplanet's growing influence as Asia's largest publicly traded bitcoin holder and one of the largest globally.

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Solana's fee reform proposal splits opinion; Charles Schwab to add SOL trading soon

Solana's fee reform proposal splits opinion; Charles Schwab to add SOL trading soon

Solana's co-founder Anatoly Yakovenko supports changing the network's fixed transaction fee to a usage-based fee that reflects computing resources used, addressing fairness issues for smaller transactions. However, he suggests splitting the current p...

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OpenAI launches ads on ChatGPT in India to boost revenue before 2027 IPO

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OpenAI has introduced advertisements on ChatGPT for free users and those on its low-cost 'Go' plan in India, one of its largest markets. This move aims to increase revenue ahead of its planned 2027 public listing and support broader access through fr...

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Sonic's upgrade boosts DEX volume to $2.46M and fuels bullish momentum in crypto markets.

Sonic's upgrade boosts DEX volume to $2.46M and fuels bullish momentum in crypto markets.

Sonic's recent blockchain upgrade enabling Bundle Transactions has driven a surge in decentralized exchange (DEX) volume to $2.46 million, the highest in about two months. This upgrade simplifies transaction approvals by allowing multiple transaction...

Protocol Fundamentals
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Matrixport-linked whale opens $17.44M ETH long at 20x leverage, signaling big institutional moves.

Matrixport-linked whale opens $17.44M ETH long at 20x leverage, signaling big institutional moves.

A wallet linked to Singapore-based Matrixport deposited $10 million USDC to open a $17.44 million leveraged long position on Ethereum at 20x leverage on Hyperliquid. This trade is part of a larger pattern of institutional-scale leveraged ETH longs by...

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Opawica grants 2.5M stock options at $0.12 each, exercisable until August 2029

Opawica grants 2.5M stock options at $0.12 each, exercisable until August 2029

Opawica Explorations Inc. has granted 2.5 million incentive stock options to its directors, officers, employees, and consultants. These options can be exercised at $0.12 per share until August 27, 2029. This move aligns with the company's stock optio...

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