BlackRock ETF wallet transfers 37,470 ETH to Coinbase Prime, worth approximately $83.3 million
Oct 30, 20:59
On October 30, on-chain analyst Onchain Lens (@OnchainLens) monitored BlackRock transferring 37,470 ETH (worth approximately $83.3 million) from its ETF wallet to Coinbase Prime. The specific purpose of this transfer has not been disclosed. Transfers to custodial and trading platforms are sometimes related to redemption processing, asset reallocation, or sales, but it cannot be determined based on this alone at present.