🚨 BREAKING: BlackRock Moves Nearly $664M in Crypto to Coinbase Prime! 🚨
#BlackRock #Bitcoin #Ethereum #CoinbasePrime #Institutions
BlackRock just made major moves on-chain! 🧠💰
🟣 $372M in Ethereum (101,975 ETH)
🟠 $292M in Bitcoin (2,544 BTC)
All deposited into Coinbase Prime — one of the largest crypto custody and execution platforms for institutions.
🔍 These assets came from BlackRock’s crypto ETFs:
iShares Ethereum Trust (ETHA)
iShares Bitcoin Trust (IBIT)
While the exact reason is unclear, speculation is heating up — could this be pre-positioning to sell, or strategic rebalancing amid ongoing macro volatility?
Meanwhile, ETH whales aren't slowing down! 🐋
📈 Institutions scooped up over 63,000 ETH ($236M) OTC via FalconX & Galaxy Digital just yesterday.
Since July 9, 856,000+ ETH ($3.16B) has been accumulated by new wallets!
Even ETH Treasury firm SharpLink is stacking:
🔹 Added 18,680 ETH ($66M) this week, now holding 498,711 ETH ($1.81B).
📉 Current prices:
BTC: $113,012 (▼ 1.8%)
ETH: $3,578 (▼ 2.2%)
👀 Is BlackRock preparing for a big move… or bracing for market shake-ups?
Drop your thoughts 👇
#CryptoNews #ETH #BTC #InstitutionalMoney #BinanceSquare
