Latest Update
7/21/2026 5:03:00 PM

BlackRock: Withdraws 1,789 BTC to IBIT ETF

BlackRock: Withdraws 1,789 BTC to IBIT ETF

BlackRock withdraws 1,789.65 BTC worth $119.17M from Coinbase Prime into IBIT ETF wallets while Bitcoin trades at $65,925.

Source

Analysis

BlackRock pulled 1,789.65 BTC valued at $119.17M from Coinbase Prime straight into IBIT ETF wallets on July 21.

Bitcoin sits at $65,925 inside its Bollinger bands with upper resistance at $67,029 and lower support at $63,849, while the 50-EMA at $64,823 and 200-EMA at $63,673 act as layered floors beneath a MACD golden cross that keeps the 4h structure bullish and RSI neutral at 57.52. This accumulation flow reinforces near-term BTC price prediction models that favor continuation once any shallow pullback to the 50-EMA finds bids.


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