BlackRock has transferred 861 Bitcoin, valued at approximately $69.6 million, and 44,700 Ethereum, worth $103 million, into Coinbase. This significant movement of assets, totaling $172.6 million, suggests that BlackRock may continue to deposit additional cryptocurrency holdings into the exchange. The transaction was identified through blockchain monitoring tools.
BlackRock Transfers $172.6 Million in Crypto to Coinbase
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