BlackRock-linked address withdraws 3,948 BTC and 1,737 ETH from Coinbase over 8 hours

A BlackRock-linked address withdrew 3,948 BTC worth $367.93 million and 1,737 ETH worth $5.65 million from Coinbase over an 8-hour period on Jan. 7, Onchain Lens data show. The same address has withdrawn a cumulative 7,146 BTC valued at $668.38 million and 6,851 ETH valued at $21.91 million from Coinbase over the past two days.