This one’s hard to ignore.


#blackRock just moved a serious chunk -- 68,568 $ETH (about $139.9M) along with 612 $BTC (roughly $41.4M) -- into Coinbase Prime three hours ago.
And when flows like this hit Prime accounts, it usually raises the same quiet question… is this positioning, or preparation?
Because that’s the thing --- transfers to Coinbase Prime aren’t random. It’s where institutions handle size, whether that’s custody shifts, rebalancing, or yeah… sometimes getting ready to sell. Not always bearish, but it does put the market on edge a bit.
PLEASE NOTE: Don't take these deposits as a sell call, because because blackrock always buys.
ETH-2,71%
BTC-3,7%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin