BlackRock: Deposits 4,500 BTC Into Coinbase

BlackRock moved 4,500 BTC worth $312.49 million plus 17,511 ETH valued at $34.57 million into Coinbase on June 2, 2026, and on-chain data signals further deposits ahead.

The world's largest asset manager, founded in 1988, continues routing institutional crypto flows through Coinbase as primary venue amid ongoing Blackrock Bitcoin ETF activity.

Price trades at $69585.7 inside a bearish structure defined by EMA50 at $73799.39 and EMA200 at $76190.79, with MACD death cross at -1046.91 confirming downside momentum; RSI at 19.85 marks extreme oversold territory while price tests the lower Bollinger support at $69883.41, setting up potential relief toward that $73799.39 level before any sustained move lower in BTC price prediction scenarios.