BlackRock Transfers $816M in Bitcoin and Ethereum to Coinbase Prime
BlackRock moved 6,735 BTC ($616 million) and 64,706 ETH ($200 million) to Coinbase Prime on November 19, data show. The transfer followed a $513 million Bitcoin withdrawal on November 18. Analysts view the activity as standard liquidity management, though both assets face short-term pressure amid market uncertainty.