BlackRock Moves Nearly $200 Million in Ether to Coinbase in Four Transfers

BlackRock moved nearly $200 million worth of Ether (ETH) to Coinbase in four transactions over two days. The latest transfer involved 29,814 ETH, valued at $70.58 million. The transfers show Ether moving to Coinbase but do not confirm that BlackRock sold the assets. A previously covered movement from BlackRock’s ETHA and ETHB Ethereum ETF wallets sent 45,240 Ether, valued at about $104.8 million, to Coinbase Prime. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.