According to Lookonchain, a BlackRock-linked address shifted over $244 million in ETH and BTC to Coinbase Prime, underscoring ongoing institutional-scale crypto transactions.
Lookonchain reported that a BlackRock-linked address transferred 49,607.8 ETH worth $206.17 million and 340.5 BTC worth $38.18 million to Coinbase Prime within the past hour. The substantial transaction highlights continued institutional engagement with cryptocurrency markets and reinforces Coinbase Prime’s role as a key platform for large-scale digital asset custody and trading.