BlackRock Transfers 5,320 BTC and 40,720 ETH to Coinbase Worth $482.66 Million

Summary

• BlackRock was found to have transferred about $482.66 million worth of Bitcoin (BTC) and Ether (ETH) to Coinbase.
• Onchain Lens said BlackRock sent 5,320 BTC and 40,720 ETH to Coinbase.
• The Bitcoin transfer was valued at about $396.49 million, while the Ether transfer was valued at about $86.17 million, bringing the combined total for the two assets to about $482.66 million.

Forecast Trend Report by Period

BlackRock has transferred about $482.66 million worth of Bitcoin and Ether to Coinbase, data showed.

BlockBeats, a crypto-focused media outlet, reported on November 9 that Onchain Lens said BlackRock sent 5,320 BTC and 40,720 ETH to Coinbase.

The Bitcoin transfer was valued at about $396.49 million, while the Ether transfer was worth about $86.17 million. Combined, the two transfers totaled about $482.66 million.

Minseung Kang