BlackRock deposits 363 BTC and 26,610 ETH to Coinbase Prime

Source
Minseung Kang

Summary

  • It reported that BlackRock deposited large amounts of Bitcoin (BTC) and Ethereum (ETH) to Coinbase Prime.
  • The deposit amounts were 363.125 BTC (approximately $37.44 million) and 26,610 ETH (approximately $93.47 million), respectively.
  • The total deposit amounted to $130.9 million (approximately KRW 191.8 billion).
Photo = Shutterstock
Photo = Shutterstock

Global asset manager BlackRock has reportedly deposited substantial amounts of Bitcoin (BTC) and Ethereum (ETH) to Coinbase Prime.

On the 13th, crypto-focused media Odaily, citing on-chain analytics platform Arkham, reported, "BlackRock sequentially transferred 363.125 BTC (approximately $37.44 million) and 26,610 ETH (approximately $93.47 million) to Coinbase Prime over about 20 minutes." This amounts to a total of $130.9 million (approximately KRW 191.8 billion).

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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