BlackRock Transfers 1,360 BTC Worth Over $90 Million to Coinbase Prime

BlackRock transferred 1,360 BTC from its spot Bitcoin ETF (IBIT) to a Coinbase Prime address within the past hour, Arkham data show. The firm moved 760.783 BTC worth approximately $50.72 million in the most recent transaction 26 minutes ago, following an earlier transfer of 600 BTC to the same address. The combined value of both transfers exceeds $90 million.