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⛓️ Crypto⚪ NeutralImportance 6/10
BlackRock Transfer Update: $153 Million in Bitcoin and Ethereum Land on Coinbase
🤖AI Summary
BlackRock transferred $153 million in cryptocurrency assets to Coinbase, consisting of 2,200 Bitcoin ($149.13 million) and 2,417 Ethereum ($4.84 million). This large institutional movement represents significant activity from the world's largest asset manager in the cryptocurrency space.
Key Takeaways
- →BlackRock moved 2,200 Bitcoin worth $149.13 million to Coinbase exchange.
- →An additional 2,417 Ethereum worth $4.84 million was also transferred in the same operation.
- →The total transfer value reached $153 million across both cryptocurrencies.
- →This represents significant institutional cryptocurrency activity from the world's largest asset manager.
- →The transfers were made to Coinbase, one of the largest US-based cryptocurrency exchanges.
Mentioned Tokens
$BTC$68,957▲+2.6%
$ETH$2,025▲+4.3%
Non-custodial · Your keys, always
Read Original →via U.Today
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