Picture of the author

CoinStar

12/22 16:45

BlackRock-linked wallets sent about $270 million i

BlackRock-linked wallets sent about $270 million in Bitcoin and Ethereum to Coinbase Prime, according to the on-chain transfer screenshots from Lookonchain and Arkham. The transfers add up to 2,019 BTC valued at around $181.7 million and 29,928 ETH worth about $91.3 million. Instead of one big package, the activity looks split across a bunch of deposits, which is a typical pattern for how institutions handle and execute things. Advertisement On the Ethereum side, Arkham's transfer view shows three big blocks — 10,000 ETH, 9,928 ETH and another 10,000 ETH — sent from wallets linked to BlackRock's ETHA Ethereum ETF infrastructure into a Coinbase Prime deposit address. On the Bitcoin side, the same view shows repeated 300 BTC deposits plus a 219.392 BTC entry, linked to wallets tagged to BlackRock's IBIT Bitcoin ETF.BlackRock just deposited 2,019 $BTC($181.7M) and 29,928 $ETH($91.3M) to Coinbase Prime.https://t.co/qmuDIrPHc6 pic.twitter.com/KfDiGyEYiX— Lookonchain (@lookonchain) December 22, 2025 Coinbase Prime is designed for institutions, offering custody, OTC-style execution and exchange access all in one place. When you put money into Prime, it is not like a public trade confirmation. But it puts your assets where they can be sold, used as collateral for derivatives or used to settle ETF creation and redemption activity. Advertisement Bigger pictureThe transfer lines up with a softer ETF flow print, as visible in SoSoValue data. The U.S. Bitcoin spot ETF table shows a daily net outflow of $158.25 million for last Friday, with IBIT reporting the largest single-fund outflow at $173.58 million. HOT Stories Morning Crypto Report: Fighting XRP Is Bearish: Solana Founder, Shiba Inu (SHIB) Nears Another 0, Bitcoin Erases Bears With 17,128% Liquidation Imbalance SEC’s Lawsuit Against Ripple Turns 5: How It Happened Crypto Market Prediction: Shiba Inu (SHIB) Back in 2023, XRP Can Take $2 Back Already, Is Bitcoin (BTC) Reversal Guaranteed? Critical Shiba Inu Price Level Revealed to Bulls, Ripple CEO Celebrates XRP ETF Milestone, DOGE Price Might Add Zero, Solana Eyes Golden Cross – Top Weekly Crypto News You Might Also Like Mon, 12/22/2025 - 12:17 Nothing Is 100% Failsafe: Nate Geraci Ends Bitcoin Quantum Threat Debate ByGodfrey Benjamin The weekly view, as of Dec. 19, 2025, shows a weekly net outflow of $497.05 million. However, cumulative net inflows remain above $57.41 billion, and total net assets are close to $114.87 billion. Advertisement The TradingView snapshot shows BTC at around $90,298 after an intraday run from the high-$87,000s. With flows negative and Prime deposits rising, the market will treat each new tranche as sell-side supply until proven otherwise.
35636

#HTX Year-End Carnival: 150,000 USDT Over 28 Days!#HTX Trading Challenge#HTX New Asset Trading Contest Now Live#FHE & HTTPZ: New Web Protocol#The BOB Ecosystem: From Testnet to Mainnet Launch
1Bagikan

Semua Komentar0TerkiniHangat

avatar
TerkiniHangat