Latest Update
2026-10-28 12:52 UTC

BlackRock: IBIT Buys $276.7M BTC from Coinbase

BlackRock: IBIT Buys $276.7M BTC from Coinbase

BlackRock's IBIT Bitcoin ETF wallets accumulated 3,441.176 BTC worth $276.7 million from Coinbase Prime, Onchain Lens reported on October 28, 2026.

Source

Analysis

BlackRock's IBIT Bitcoin ETF wallets took in 3,441.176 BTC (~$276.7M) directly from Coinbase Prime on October 28, 2026.

BTC trades at $81,312.54 inside its Bollinger Bands on the 4h chart, with the upper band at $81,658.63 acting as immediate resistance. The EMA50 at $81,107.4 provides nearby support while the EMA200 at $81,722.53 caps upside. MACD shows a golden cross at 68.35, confirming trend strength, yet RSI at 55.25 leaves room before overbought conditions. Price action suggests a test of the upper band followed by a pullback to the 50-EMA before continuation.


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