1 min read

BlackRock’s IBIT Receives 1,426 Bitcoin Worth $119 Million

Wintermute sold 619.59 BTC valued at $51.7 million through Binance.

Mentioned assets
Sealed custody cases beside metal Bitcoin tokens on a black pedestal / TokenPost.ai
Sealed custody cases beside metal Bitcoin tokens on a black pedestal / TokenPost.ai

BlackRock’s IBIT ETF received 1,426.47 Bitcoin (BTC) valued at $119 million, while Wintermute sold 619.59 BTC worth $51.7 million through Binance in separate large Bitcoin transfers.

The Bitcoin received by IBIT came from Coinbase Prime.

Wintermute’s sale through Binance involved 619.59 BTC, valued at $51.7 million. The two transactions represented a combined 2,046.06 BTC and about $170.7 million in value.

The movements involved separate large Bitcoin transfers: one added Bitcoin to IBIT, while the other recorded Wintermute selling Bitcoin through Binance.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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