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

The latest transfer involved 29,814 Ether (ETH), valued at $70.58 million.

By Enna Lee
Published
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A metal token rests at the edge of an unmarked deposit tray / TokenPost.ai
A metal token rests at the edge of an unmarked deposit tray / TokenPost.ai

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

Reporter

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

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