Arkham's monitoring shows BlackRock moved almost $200m of ether to Coinbase in four transactions over two days, the latest about 15 hours ago involving 29,814 ETH worth $70.6m, in what is suspected to be a sale.
BlackRock sends almost $200m of ether to Coinbase in two days, Arkham says
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The story so far: BlackRock ETF wallets move crypto to Coinbase Prime
BlackRock ETF-related wallets have repeatedly moved large sums of BTC and ETH to Coinbase Prime. The latest transfer is 1,883 BTC, worth about $143m, from the IBIT Bitcoin ETF to a Coinbase Prime hot wallet.
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BlackRock sends almost $200m of ether to Coinbase in two days, Arkham says
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