$43M in Bitcoin Transfers as Dormant Wallet Reactivates and Morgan Stanley Buys BTC

A Bitcoin wallet beginning with “bc1qry,” which had remained inactive for about a year, has just received 500 BTC valued at approximately $32.31 million, with the transfer processed through BitGo.

At the same time, Morgan Stanley continued to build its Bitcoin exposure, adding 166.24 BTC worth around $10.74 million via Coinbase. This latest purchase brings its total holdings to 4,515 BTC, valued at roughly $288.4 million.

Meanwhile, Bitcoin has slipped 5.5% over the past week, trading near $62,780 at the time of reporting.

Source: Onchain Lens