Latest Update
2026-11-03 04:54 UTC

BlackRock: Transfers $702M BTC and ETH to Coinbase Prime

BlackRock: Transfers $702M BTC and ETH to Coinbase Prime

Onchain Lens data shows BlackRock sent 7,244 BTC worth $558.62 million and 63,600 ETH worth $143.63 million to Coinbase Prime in a single hour for a $702.25 million total.

Source

Analysis

BlackRock moved 7,244 BTC (~$558.62M) and 63,600 ETH (~$143.63M) to Coinbase Prime in the past hour, according to Onchain Lens, for a combined $702.25 million.

BTC trades at $77,328.6 inside its Bollinger band with the upper resistance at $78,641.69. Price sits below the EMA50 at $78,641.86 and the EMA200 at $80,910.26, confirming the bearish structure, while the MACD golden cross at -469.31 signals building momentum and RSI at 42.98 remains neutral. A test of the lower band support near $76,614.08 looks likely before any sustained move higher.

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