ChainCatcher report, according to on-chain analyst Onchain Lens, BlackRock withdrew 3,719 BTC (approximately $274 million) from Coinbase over the past 9 hours, while depositing 2,018 BTC (approximately $125 million), resulting in a net inflow of $150 million.
BlackRock records $150M net BTC inflow on Coinbase in 9 hours
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Summary
BlackRock recorded a net BTC inflow of $150M on Coinbase within 9 hours. According to ChainCatcher, the firm withdrew 3,719 BTC ($274M) and deposited 2,018 BTC ($125M). Today’s BTC news underscores a significant shift in institutional positioning.
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