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Morgan Stanley's Bitcoin ETF Moves 500 BTC Valued at $38.9 Million

Blockchain analytics platform Arkham reported that Morgan Stanley's bitcoin ETF, MSBT, transferred 500 BTC to the address "3E1CbH," worth about $38.9 million. The wallet was created a week ago and, after receiving the funds, sent them on to "bc1q4m." Following the transaction, Morgan Stanley's bitcoin balance at the tagged address fell to 1,713 BTC, valued at roughly $133 million.
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