BlackRock withdrew approximately $126.95 million in cryptocurrency from Coinbase Prime within a 40-minute window, according to on-chain monitoring data. The withdrawal included 1,150 BTC valued at roughly $95.43 million and 11,840 ETH worth about $31.52 million.
The significant asset movement highlights continued institutional activity on prime brokerage platforms as major asset managers actively manage their digital currency holdings.
BlackRock Withdraws $127M in BTC and ETH from Coinbase Prime
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