BlackRock Deposits 2,019 BTC into Coinbase Prime in 20 Minutes, Highlighting Bitcoin Activity Alongside 29,928 ETH
COINOTAG News, citing LookIntoChain data, reports that BlackRock has moved 2,019 BTC (about $181.7 million) and 29,928 ETH (about $91.3 million) into Coinbase Prime over the last 20 minutes, according to monitoring feeds.
This institutional transfer underscores continued adoption of regulated custody solutions by leading asset managers, with LookIntoChain tracking the inflows into Coinbase Prime as part of routine portfolio rebalancing and liquidity management.
Market observers will watch how such large digital-asset deposits affect liquidity, pricing, and custody referrals on major exchanges, as Coinbase Prime remains a preferred venue for large-scale holdings.
