Morgan Stanley Transfers 9,297 SOL to Coinbase, Retains 510,000 SOL

Morgan Stanley has transferred a total of 9,297 SOL to Coinbase through its Solana exchange-traded fund MSOL in the past two days, suspected to be a sell-off. Currently, Morgan Stanley still holds approximately 510,000 SOL, valued at $45.79 million. Additionally, Morgan Stanley spent $3.41 million yesterday to buy 43 BTC at a low price through its Bitcoin exchange-traded fund MSBT, bringing its total Bitcoin holdings to 10,893 BTC.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.