BlackRock Withdraws 3,899 BTC Worth $290M from Coinbase

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BlackRock moved 3,899 BTC ($289.88 million) and 839 ETH ($1.95 million) from Coinbase, according to Onchain Lens. The BTC transaction marks the largest single withdrawal from the exchange in recent weeks. Today’s BTC news highlights continued activity from major institutional players. The transfer was confirmed via blockchain monitoring tools.

ChainCatcher report: According to Onchain Lens monitoring, BlackRock withdrew 3,899 BTC (valued at $289.88 million) and 839 ETH (valued at $1.95 million) from the Coinbase platform 7 hours ago.

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