BlackRock: Transfers $104.76M ETH to Coinbase Prime

BlackRock transferred 45.24K ETH valued at $104.76 million from its ETHA and ETHB ETF wallets to Coinbase Prime, according to on-chain data shared by @OnchainLens.

Price sits at $2319.96 on the 4h chart inside a bearish structure defined by the EMA50 at $2376.44 and EMA200 at $2479.34. Momentum shows RSI at 40.98 while MACD registers a bullish golden cross at -20.51. With price pressing the upper Bollinger Band resistance at $2376.29, a retracement toward the 50-EMA support near $2376 appears likely before any sustained move lower toward the band floor at $2294.51.