BlackRock has transferred 3,625 BTC, valued at approximately $212 million, and 20,598 ETH, worth around $32.39 million, to Coinbase, according to on-chain analyst Onchain Lens. This move is part of a larger trend, as BlackRock has deposited a total of 15,442 BTC, valued at approximately $919 million, to Coinbase over the past three days. The transactions suggest a significant shift in BlackRock's crypto holdings strategy.
BlackRock Transfers 3,625 BTC and 20,598 ETH to Coinbase
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