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BlackRock: Deposits 1,241 BTC Into Coinbase | Flash News Detail | Blockchain.News
Latest Update
6/22/2026 11:54:00 AM

BlackRock: Deposits 1,241 BTC Into Coinbase

BlackRock: Deposits 1,241 BTC Into Coinbase

BlackRock moved 1,241 BTC ($80.07M) and 7,547 ETH ($13.29M) to Coinbase on June 22, 2026, with more inflows expected.

Source

Analysis

BlackRock transferred 1,241 BTC worth $80.07M and 7,547 ETH worth $13.29M into Coinbase on June 22, 2026, signaling further deposits ahead.

Bitcoin trades at $65142.94 on the 4h chart inside a bullish structure defined by the EMA50 at $64190.72 acting as dynamic support and the EMA200 at $68432.8 as overhead resistance. Momentum remains constructive with MACD at 110.66 after a golden cross, while RSI at 60.81 shows room before overbought conditions. Price is currently testing the upper Bollinger Band at $65102.72, suggesting short-term volatility exhaustion that could trigger a healthy pullback toward the 50-EMA before continuation higher. This on-chain flow arrives as institutions continue routing spot exposure through compliant venues, keeping BTC price prediction models anchored to accumulation rather than distribution.


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