Latest Update
8/11/2026 2:01:00 PM

BlackRock: Transfers $77.8M BTC and ETH to Coinbase

BlackRock: Transfers $77.8M BTC and ETH to Coinbase

BlackRock sent 838.07 BTC (~$53.88M) and 12.67K ETH (~$23.96M) to Coinbase while IBIT holds $47.78B market cap; BTC at $63779.89 tests lower band support.

Source

Analysis

BlackRock transferred 838.07 BTC (~$53.88M) and 12.67K ETH (~$23.96M) totaling $77.8M to Coinbase, underscoring ongoing institutional crypto transfers and Bitcoin ETF flows from the operator of the world’s largest vehicle IBIT with its $47,784,453,407 market cap.

BTC price at $63779.89 sits just above the lower Bollinger band support at $63727.32 and the EMA200 level at $63765.41, creating short-term confluence even as the MACD death cross at -151.63 locks in bearish momentum and RSI at 37.19 stays neutral; this setup shapes near-term BTC price prediction amid crypto market volatility.


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