BREAKING
21d 16h ago
Bitcoin Deposits to Coinbase: BlackRock Transfers 2,292 BTC and 9,976 ETH
BTC
BTC/USDT
$96,111.99
+0.69%
$96,111.99
+0.69%
(24s)24h Volume
$29,484,532,010.52
24h H/L
$97,924.49 / $94,559.28
Change: $3,365.21 (3.56%)
Long/Short
52.6%
Long: 52.6%Short: 47.3%
Funding Rate
+0.0016%
Longs pay
Data provided by COINOTAG DATALive data
According to Onchain Lens data, BlackRock has reportedly shifted substantial crypto holdings, with approximately 2,292 Bitcoin and 9,976 Ethereum transferred into Coinbase custody. Valuations approximate $199.8 million in BTC and $29.23 million in ETH at current prices, illustrating evolving institutional custody strategies among major players.
Analysts view the action as routine custody optimization and liquidity management by a large investor, not a new market directional bet. The move underscores Coinbase‘s central role in institutional crypto infrastructure and could influence near-term liquidity dynamics in the BTC and ETH markets.
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