BlackRock: Records Largest $517M BTC Outflow | Flash News Detail | Blockchain.News
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5/28/2026 3:41:00 PM

BlackRock: Records Largest $517M BTC Outflow

BlackRock: Records Largest $517M BTC Outflow

BlackRock moves 7,048 BTC ($517M) to Coinbase Prime in record single-day outflow, Litecoin spotlights MWEB privacy edge.

Source

Analysis

BlackRock deposited 7,048 BTC ($517M) into Coinbase Prime over the past hour, marking its largest single-day net BTC outflow ever and underscoring why Litecoin promotes MWEB privacy features against Bitcoin's public ledger.

With BTC trading at $72934.02 inside the Bollinger Bands, the 4h chart reveals a bearish structure where price sits below both EMA50 at $76091.83 and EMA200 at $77039.22; RSI at 24.79 signals oversold momentum while the MACD death cross at -973.39 keeps downside pressure intact toward the lower band support at $72337.32.


Litecoin

@litecoin

The official account for the Litecoin Foundation, supporting the development and adoption of the Litecoin network. Features updates on network upgrades, merchant adoption, community initiatives, and technical advancements for the peer-to-peer cryptocurrency created by Charlie Lee.