BlackRock Moves Over $717 Million in Bitcoin from Coinbase in Three Days

BlackRock withdrew a total of 10,749 BTC, valued at approximately $717 million, from Coinbase over the past three days, according to PANews citing Onchain Lens. The largest single transaction occurred nine hours ago, involving 4,082 BTC worth around $269 million. Such large-scale movements by major institutions typically draw market attention due to potential liquidity impacts and strategic asset positioning.

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