BlackRock Withdraws 11,185 ETH Worth $27.2M from Coinbase Prime for Ethereum Spot ETF ETHA

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

According to recent data from LookIntoChain, BlackRock’s Ethereum spot ETF (ETHA) executed a significant withdrawal of 11,185 ETH from Coinbase Prime within a 30-minute window. This transaction, valued at roughly $27.2 million, highlights a notable movement in institutional Ethereum holdings. Such activity underscores the growing influence of major asset managers in the crypto market, reflecting strategic portfolio adjustments amid evolving market conditions. Monitoring these large-scale transfers provides critical insights into institutional sentiment and liquidity trends within the Ethereum ecosystem.

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