#TrendingTopic #viralpost #ViralTopic #viral #Write2Earn $BTC $ETH $XRP Coinbase Hit With $429 Million Bitcoin From BlackRock, Ripple Makes Massive Transfers as XRP Celebrates 13th Birthday, Saylor’s Strategy Makes New BTC Buy: Crypto News Digest by

Today June 3 Lookonchain reported on its X account a 4,113 BTC deposit to Coinbase Prime made by BlackRock. The worth of the deposit is estimated at approximately $429 million. This is BlackRock's first move to sell in more than a month of consistent buying. The transactions were large, with most of them carrying exact chunks of 300 BTC, suggesting that it was a planned move rather than an accident. The destination is also notable, as Coinbase Prime is mainly used by institutions for selling or rebalancing, not just for moving funds around. BlackRock's IBIT had been consistently buying in May, but on May 30, it experienced a major outflow of over $430 million. This lines up closely with the Bitcoin transfer in question, pointing to the timing being intentional. Meanwhile, Bitcoin's price has declined from over $112,000 to around $104,000 in recent days