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1h 8m ago
Bitcoin Inflow: BlackRock Receives 153.83 BTC and 16,930 ETH Worth $67.48 Million from Coinbase
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COINOTAG News, citing Onchain Lens analytics, reports that a BlackRock wallet registered a 153.83 BTC inbound transfer sourced from Coinbase roughly five hours prior, valued at approximately $14.22 million. This on-chain activity underscores sustained institutional participation in leading digital assets and demonstrates the flow of large-scale inflows into BTC through major custodians.
The same address also received 16,930 ETH, valued at about $53.26 million, pushing the total inflow to around $67.48 million, per the monitoring data. Such multi-asset movements, captured by on-chain analytics, reflect strategic allocations by institutions and the evolving dynamics of exchange-to-wallet transfers within the crypto ecosystem.
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