US EditionBlackRock-linked wallet shifts $186m in Bitcoin to Coinbase Prime
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A total of 2,156 BTC was sent to Coinbase Prime from an institutional Wallet linked to BlackRock. The amount transferred to the institutional settlement platform amounts to $186 million. On-chain analysts pointed out the transaction, highlighting its relevance, as BlackRock rarely moves such large volumes of Bitcoin without a specific operational reason. Since Coinbase Prime is an institutional settlement platform and not a retail exchange, the …
BlackRock-linked wallet shifts $186m in Bitcoin to Coinbase Prime
A BlackRock-linked wallet moved 2,156 BTC (~$2186) to Coinbase Prime, with analysts viewing it as routine ETF liquidity and settlement flow rather than sell pressure. A wallet linked to BlackRock transferred 2,156 Bitcoin to Coinbase Prime, according to on-chain data…
BlackRock deposits $186M in Bitcoin to Coinbase Prime
BlackRock's Bitcoin deposit to Coinbase Prime highlights the growing institutional role in crypto markets, impacting ETF dynamics and investor strategies. The post BlackRock deposits $186M in Bitcoin to Coinbase Prime appeared first on Crypto Briefing.
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