Morgan Stanley's Bitcoin fund wallet has received more than 467 BTC from Coinbase Prime over the past four days, according to on-chain data tracking institutional whale movements. At current prices, the transfer represents a multi-million dollar accumulation event routed through the institutional custody and trading arm that major asset managers use to move large BTC positions off-exchange.
Coinbase Prime is the preferred on-ramp for regulated institutions — its involvement signals this is a deliberate, structured buy rather than an OTC desk arb or internal rebalance. Morgan Stanley, which manages billions in client assets and gained approval to offer Bitcoin funds to wealth management clients, appears to be steadily building its on-chain position.
For the broader market, consistent four-figure BTC flows into named institutional wallets over a compressed window is a structural demand…
CoinTelegraph