Based on CryptoNinjas, on-chain data shows that BlackRock transferred 1,044 BTC and 7,557 ETH to Coinbase on December 26, 2025. This follows a similar transfer of 2,292 BTC and 9,976 ETH two days earlier. Analysts suggest the activity may indicate portfolio rebalancing, liquidity positioning, or treasury operations, though BlackRock has not provided an official explanation.
BlackRock Transfers $114M in Bitcoin and Ethereum to Coinbase
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Summary
BlackRock moved 1,044 BTC and 7,557 ETH to Coinbase on December 26, 2025, according to on-chain data from CryptoNinjas. This follows a similar transfer of 2,292 BTC and 9,976 ETH two days earlier. Analysts speculate the activity could relate to support and resistance adjustments, liquidity positioning, or treasury operations. No official explanation has been given by BlackRock. The risk-to-reward ratio of such large movements remains a key factor for traders to monitor.
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