Morgan Stanley: Acquires 166 BTC from Coinbase
Morgan Stanley buys 166.24 BTC for $10.74M, lifting total holdings to 4,515 BTC worth $288.4M while BitGo reactivates dormant wallet with 500 BTC transfer.
SourceAnalysis
Morgan Stanley purchased 166.24 BTC ($10.74M) from Coinbase and now controls 4,515 BTC valued at $288.4M, while a wallet dormant for one year received 500 BTC ($32.31M) from BitGo.
Price action on the 4h chart shows BTC at $64168.14 inside the Bollinger Bands with upper resistance at $64875.41; the neutral RSI at 50.46 combined with the MACD golden cross suggests limited upside before any test of the 50-EMA support at $64183.08.
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