BlackRock: Withdraws 2,152 BTC From Coinbase Prime
BlackRock withdraws 2,152 BTC worth $140M from Coinbase Prime into IBIT, signaling fresh accumulation amid $64937 BTC price action.
SourceAnalysis
BlackRock withdrew 2,152 BTC (~$140M) from Coinbase Prime in the past hour, routing the coins directly into its IBIT ETF vehicle.
This Coinbase Prime to IBIT flow marks the opposite of prior custody transfers and aligns with new Bitcoin entering the fund, continuing the asset manager's steady accumulation pattern observed over the last six months.
Price sits at $64937.28 inside the Bollinger Bands with upper resistance at $65897.35. The EMA50 at $63581.25 and EMA200 at $63734.84 both act as layered support while MACD prints a bullish golden cross at 415.05 and RSI holds neutral at 60.23; institutional desks now watch for a test of upper-band resistance before any measured pullback toward the 50-EMA confluence zone.
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