$BLACKROCK JUST MOVED $147M IN BTC AND ETH FROM COINBASE PRIME 💎
Institutional flows continue to paint a clear picture—BlackRock withdrew 1,246 BTC ($80.6M) and 3,542 ETH ($66.9M) from Coinbase Prime in a single transaction. This isn't retail noise; it's a calculated custody move that historically precedes accumulation phases.
The timing aligns with the recent consolidation across both assets, suggesting large players are positioning for the next leg. When the biggest asset manager on earth moves capital off-exchange, it's worth watching. Are you interpreting this as bullish or just routine treasury management?
Not financial advice. Always manage your risk.
#BTC #ETH #Institutional #WhaleMovements #Crypto
💎
Institutional flows continue to paint a clear picture—BlackRock withdrew 1,246 BTC ($80.6M) and 3,542 ETH ($66.9M) from Coinbase Prime in a single transaction. This isn't retail noise; it's a calculated custody move that historically precedes accumulation phases.
The timing aligns with the recent consolidation across both assets, suggesting large players are positioning for the next leg. When the biggest asset manager on earth moves capital off-exchange, it's worth watching. Are you interpreting this as bullish or just routine treasury management?
Not financial advice. Always manage your risk.
#BTC #ETH #Institutional #WhaleMovements #Crypto
💎