BlackRock: Transfers 1698 BTC to Coinbase Prime

BlackRock shifted 1,698 BTC valued at $135.59 million from its IBIT Bitcoin ETF wallets to Coinbase Prime for liquidation.

The on-chain transfer, flagged by @OnchainLens on October 27 2026, routes through address 36YZXcTVLPdyapYuqXdJEt46oMVB2NrzVv.

BTC trades at $79,938.44 inside the Bollinger Bands with upper resistance at $81,111.46 and lower support at $79,526.23. Price sits below both the EMA50 at $81,135.48 and EMA200 at $81,760.32, confirming the bearish structure, while the MACD golden cross at -435.68 hints at building momentum despite the negative reading and RSI at 40.22 remains neutral. Confluence points to a test of the lower band near $79,526 before any sustained push back toward the EMA50 resistance cluster.