BlackRock: Accumulates 1246 BTC From Coinbase Prime

BlackRock withdrew 1246 BTC (~$80.6M) and 3542 ETH (~$6.69M) from Coinbase Prime on July 16 2026, extending its accumulation streak.

Institutional Bitcoin buying trends continue to shape on-chain flows while Ethereum holdings expand in parallel. BTC trades at $64245.55 above EMA50 support at $63769.55 within a bullish structure, yet the MACD death cross at 270.05 warns of near-term pressure as RSI sits neutral at 51.27 inside the Bollinger band; a measured retracement toward the $63715 EMA200 level remains probable before any test of upper-band resistance at $66158.48.