The transfer from BitGo was valued at $32.31 million, while Morgan Stanley's purchase from Coinbase lifted its holdings to 4,515 BTC worth $288.4 million.
A wallet that had been inactive for one year received 500 BTC from BitGo in a transfer valued at $32.31 million. Separately, Morgan Stanley bought 166.24 BTC from Coinbase worth $10.74 million, increasing its Bitcoin holdings to 4,515 BTC with a stated value of $288.4 million. The moves, cited by Odaily from Onchain Lens, point to continued large-scale Bitcoin transfers involving institutional custodians and major market participants.