Z crypto - زي كريبتو
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🚨🚨🚨 The end of Ethereum: Is BlackRock selling, and are investors in panic?
These are the trending topics right now because BlackRock transferred 101,975 ETH, which is worth $365 million, to Coinbase Prime.
Most people think it's for selling.
But personally, I don't expect it to be for selling. The transfer to Coinbase Prime for institutions does not mean selling; there are many possibilities, such as storage.
Safe 🧵👇
2/🧵
Coinbase Prime is responsible for storing digital assets for the largest institutions because it provides them with very strong protection.
Most people think it's for selling.
But personally, I don't expect it to be for selling. The transfer to Coinbase Prime for institutions does not mean selling; there are many possibilities, such as storage.
Safe 🧵👇
2/🧵
Coinbase Prime is responsible for storing digital assets for the largest institutions because it provides them with very strong protection.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.