On-chain data tracked by Onchain Lens shows two large Bitcoin transfers tied to major market participants. Wintermute sold 619.59 BTC through Binance, with the transaction valued at $51.7 million. At the same time, BlackRock’s IBIT ETF bought and received 1,426.47 BTC from Coinbase Prime, worth $119 million. The transfers point to notable BTC movement across Binance and Coinbase Prime, involving a major crypto trading firm on one side and BlackRock’s spot Bitcoin ETF vehicle on the other. The figures cited in the tracking update were 619.59 BTC and 1,426.47 BTC, with corresponding values of $51.7 million and $119 million.
According to Onchain Lens, Wintermute sold 619.59 BTC through Binance in a transaction valued at $51.7 million.
At the same time, BlackRock’s IBIT ETF bought and received 1,426.47 BTC from Coinbase Prime, worth $119 million.
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