BlackRock deposits 3,900 BTC and 31,702 ETH, worth $349 million, into Coinbase

icon MarsBit
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
BlackRock deposited 3,900 BTC (approximately $286 million) and 31,702 ETH (around $63 million) into Coinbase, totaling $349 million. The BTC movement signals significant institutional crypto activity, while the ETH deposit underscores its scale, according to on-chain analyst Onchain Lens. The transaction was tracked using blockchain data.

Huo Xing Cai Jing reports, according to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 3,900 BTC (approximately $286 million) and 31,702 ETH (approximately $63 million) into Coinbase, totaling approximately $349 million.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.