Bitcoin Deposits to Coinbase: BlackRock Transfers 2,292 BTC and 9,976 ETH

BTC

BTC/USDT

$71,336.87

-6.79%

$71,336.87

-6.79%

(24s)

24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short

77.9%

Long: 77.9%Short: 22.1%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$70,942.95

▼ -3.04%

Volume (24h): -

Resistance Levels

Resistance 3$76,971.52

Resistance 2$74,594.61

Resistance 1$71,474.71

Price$70,942.95

Support 1$70,140.00

Support 2$66,407.06

Support 3$58,306.99

Pivot (PP):$71,474.71

Trend:Downtrend

RSI (14):20.9

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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