BlackRock: Deposits $285.5M ETH and BTC to Coinbase Prime
BlackRock deposited 54,096 ETH ($131.7M) and 2,015 BTC ($153.8M) to Coinbase Prime. ETH trades at $2457.74 with neutral RSI and bullish MACD on 4h chart.
SourceAnalysis
BlackRock deposited 54,096 ETH ($131.7M) and 2,015 BTC ($153.8M) to Coinbase Prime.
Price action on the 4h chart shows ETH at $2457.74 inside Bollinger Bands with upper resistance at $2508.07 and lower support at $2371.78. The EMA50 at $2463.75 acts as immediate resistance while the EMA200 at $2333.74 provides longer-term floor in the prevailing bearish structure. RSI(14) at 50.97 remains neutral and MACD(12,26) at -8.55 confirms a golden cross, suggesting momentum may lift toward the upper band before any retracement to EMA50 support. This institutional transfer shapes Bitcoin institutional flows and ETH price prediction models for custody desks over the next quarter.
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