
On February 25, Onchain Lens detected a $74.18 million Bitcoin transfer from BlackRock to Coinbase, part of continued institutional-scale crypto movements by the firm.
On February 25, BlackRock transferred 1,134 BTC valued at about $74.18 million into Coinbase, according to Onchain Lens. This follows a February 24 transaction moving 1,814 BTC worth $114.45 million and 24,472 ETH valued at $44.57 million to the same platform. The consecutive large transfers suggest ongoing institutional activity in digital assets by BlackRock.