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Add as a preferred source on GoogleBlackRock’s IBIT Sends 1,883 Bitcoin Worth About $143 Million to Coinbase Prime
The transfer was flagged at about 6:55 a.m. ET Nov. 6 (about 11:55 UTC), exceeding an earlier IBIT-linked move to Coinbase Prime.
Mentioned assets
A transfer of 1,883 Bitcoin (BTC), valued at about $143 million, moved from BlackRock’s IBIT to a Coinbase Prime hot wallet at about 6:55 a.m. ET Nov. 6 (about 11:55 UTC).
The movement exceeded an Oct. 27 transfer of 1,698 BTC, valued at about $135.59 million, that also went to Coinbase Prime.
Coinbase Prime is an institutional trading and custody platform. A transfer to the platform does not by itself establish that the Bitcoin was sold.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.