BlackRock's 1,134 BTC Transfer to Coinbase Signals Major Institutional Moves

quiet_lurker · 2026-02-16T20:06:18+00:00

BlackRock has transferred over 1,100 Bitcoin and 7,200 Ethereum to Coinbase, highlighting significant institutional interest in cryptocurrencies. This move reflects growing adoption and positions BlackRock as a key player in the crypto market.

quiet_lurker

2026-02-16 20:06:18

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According to real-time blockchain monitoring from Onchain Lens, investment giant BlackRock has transferred a substantial amount of digital assets to major cryptocurrency exchange Coinbase. The transfer included 1,134 Bitcoin and 7,255 Ethereum, representing significant institutional positioning in crypto markets.

At current market valuations (with BTC trading near $68K and ETH around $2K), this transfer underscores continued institutional interest in digital assets. The 1,134 Bitcoin parcel alone demonstrates the scale at which major asset managers are now operating in cryptocurrency markets.

This movement reflects broader trends of institutional adoption, with BlackRock’s actions often viewed as key indicators by market participants monitoring large wallet movements and exchange inflows.

BTC-0,02%

ETH0,77%

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