BlackRock Transfers Another $308M in Bitcoin and Ethereum to Coinbase Prime as Two-Day BTC Total Reaches $706M

BlackRock transferred 4,385 BTC, worth approximately $259.8 million, and 30,725 ETH valued at about $48.6 million to Coinbase Prime, according to the latest on-chain data. The transaction marks another large crypto movement by the asset manager.

With the latest transfer, BlackRock's total Bitcoin deposits to Coinbase Prime over the past two days have climbed to 11,817 BTC, with a combined value of roughly $706 million.

Source: Onchain Lens