# BlackRock’s IBIT Sends 1,883 Bitcoin Worth About $143 Million to Coinbase Prime By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/51446 Published: 2026-11-08T07:36:46.000Z Updated: 2026-11-08T07:36:46.000Z Section: Investing > 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. 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. ## Links in this article - [Oct. 27 transfer](https://www.tokenpost.com/news/investing/41934)