PiCK

"GameStop Transfers Entire Bitcoin Holdings to Coinbase…Likely to Sell"

Source

Uk Jin

Summary

GameStop transferred all of its Bitcoin holdings to Coinbase Prime, fueling expectations it may sell.
CryptoQuant said the Bitcoin moved from GameStop’s on-chain wallet has a "high likelihood" of being sold.
GameStop said it bought a total of 4,710 Bitcoin in May last year at an average purchase price of $107,900.

Forecast Trend Report by Period

U.S. video game retailer GameStop is expected to sell its Bitcoin (BTC).

On the 23rd (Korea time), CryptoQuant said in a report that "all Bitcoin held in GameStop’s on-chain wallet has moved to Coinbase Prime," adding that "the likelihood of a sale is high."

Previously, in May last year, GameStop announced it would invest in Bitcoin and purchased a total of 4,710 Bitcoin at an average purchase price of $107,900.

BTC