#BlackRock Moves Another 900 BTC to Coinbase
On-chain data from Onchain Lens shows that BlackRock has transferred another 900 $BTC to Coinbase, worth roughly $77.59 million. With this latest move, BlackRock’s cumulative transfers have now reached 3,722 BTC and 36,283 ETH.
The repeated large deposits indicate that BlackRock is actively repositioning liquidity on centralized exchanges — a move often associated with rebalancing, custody shifts, or preparations for ETF-related flows.
The scale and frequency of these transfers raise a simple question:
Is BlackRock preparing for larger market moves, or just managing internal ETF liquidity?
