According to on-chain monitoring platform Onchain Lens, asset management giant BlackRock has deposited 3,625 Bitcoin (BTC), worth approximately $212 million, and 20,598 Ethereum (ETH), worth about $32.39 million, into the Coinbase exchange. The data indicates that BlackRock may continue to transfer additional assets to the platform.
Over the past three days, BlackRock has cumulatively deposited 15,442 BTC to Coinbase, with a total value of approximately $919 million. This large-scale fund movement draws market attention, signaling that institutional investors are actively adjusting their crypto asset allocations. On-chain data has not yet shown whether there is a corresponding cumulative ETH transfer figure. Source: OnchainLens tweet.
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