According to The Data Nerd (@OnchainDataNerd), Metaplanet JP accumulated an additional 555 BTC worth approximately $53.56 million three hours ago, bringing their total Bitcoin holdings to 5,555 BTC valued at around $536.46 million. This significant purchase signals ongoing institutional confidence in Bitcoin and could influence market sentiment, supporting bullish momentum for BTC price action. Onchain data confirms the transaction, and traders should monitor large wallet movements for potential short-term volatility and strategic trading opportunities. (Source: OnchainDataNerd on Twitter, May 7, 2025)