BlackRock: Transfers 5,320 BTC and 40.72K ETH to Coinbase
On-chain tracker OnchainLens reports BlackRock moved 5,320 BTC worth $396.49 million and 40.72K ETH worth $86.17 million to Coinbase in a single transfer totaling $482.66 million.
SourceAnalysis
BlackRock transferred 5,320 BTC (~$396.49M) and 40.72K ETH (~$86.17M) to Coinbase for a total of ~$482.66M, per Arkham data flagged by OnchainLens.
Bitcoin at $74759.51 sits inside the Bollinger Bands with lower support at $74267.08 and upper resistance at $76897.48; the bearish MACD death cross at -708.13 and price below both the EMA50 at $76764.68 and EMA200 at $79930.52 keep the structure firmly negative even as RSI at 37.85 remains neutral, pointing to a likely test of the lower band before any relief.
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