BlackRock Withdraws Bitcoin and Ethereum From Coinbase, Onchain Lens Reports

According to Onchain Lens (blockchain tracking service), BlackRock moved 3,899 Bitcoin and 839 Ethereum from Coinbase in transfers reported on April 17.

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Summary

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Terms & Concepts
  • On-chain data: Blockchain transaction records that can be tracked publicly to monitor wallet movements and asset transfers.
  • Ethereum: A blockchain network that supports smart contracts (self-executing blockchain code) and its native cryptocurrency, Ether.
  • Coinbase: A major cryptocurrency exchange and custody platform used for digital asset trading and storage.