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#BlackRock just moved a sizable amount of crypto to Coinbase Prime. The firm deposited: 861 $BTC worth roughly $69.59M
and 44,691 $ETH worth around $103.15M.
It’s worth noting that transfers to Coinbase Prime are not necessarily direct sell signals. Prime wallets are often used for ETF operations, custody management, rebalancing, or internal fund flows rather than outright market dumping.
Still, movements of this size from BlackRock-linked wallets always catch attention fast.