BlackRock Deposits $172 Million of Bitcoin, Ether to Coinbase Prime
On-chain transaction data showed BlackRock depositing 2,402 Bitcoin and 12,679 Ether, worth about $172 million, to Coinbase Prime on June 11. The transfer comprised roughly $151.4 million of Bitcoin and $21.06 million of Ether.
The reported move follows June 9 activity that showed BlackRock selling 3,671 Bitcoin valued at about $230 million and buying 10,566 Ether worth about $17.71 million. That earlier transaction came after a June 8 transfer of 3,580 Bitcoin, worth about $226.8 million, to Coinbase Prime.
From the sources (4 posts)
@lookonchainBlackRock sold 3,671 $BTC($230M) and bought 10,566 $ETH($17.71M).
@kalshi_cryptoJUST IN: BlackRock sells $230M worth of Bitcoin and buys $17M worth of Ethereum
@lookonchainBlackRock continues to see $BTC and $ETH outflows. BlackRock just deposited 2,402 $BTC($151.4M) and 12,679 $ETH($21.06M) to Coinbase Prime.
@kalshi_cryptoJUST IN: BlackRock just deposited $172M worth of Bitcoin and Ethereum to Coinbase Prime