On-chain monitoring data shared by Onchain Lens shows that a wallet tied to BlackRock’s Bitcoin ETF transferred 1,948.07 BTC to Coinbase Prime, with the transaction valued at about $122 million based on the figures cited in the post. The transfer adds to the latest snapshot of the fund’s holdings rather than replacing it.
The same data says that as of July 31, IBIT held 737,118.26 BTC, worth about $46.18 billion. No additional details about the purpose of the transfer were provided in the source material. The report focuses on the wallet movement itself and the size of IBIT’s total Bitcoin position at the stated date.
The figures were attributed to Onchain Lens, which tracked the movement on-chain and published the update through the source link provided.
Onchain Lens said a wallet associated with BlackRock’s spot Bitcoin ETF transferred 1,948.07 BTC to Coinbase Prime, a move valued at about $122 million.
As of July 31, IBIT held 737,118.26 BTC worth about $46.18 billion, according to the same monitoring data.
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