Major institutional player BlackRock has transferred substantial crypto holdings to a regulated custody platform once again. The deposit included 3,290 BTC worth approximately $303 million and 5,692 ETH valued at around $17.82 million directed to Coinbase Prime. This move reflects ongoing institutional participation in digital asset custody solutions and signals continued market positioning by traditional finance players in the crypto ecosystem. Such large-scale fund movements often attract attention from market participants monitoring institutional behavior and on-chain capital flows.
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NFTRegretter
· 5h ago
Blackstone's move is basically reassuring the market.
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ser_we_are_early
· 01-13 16:08
Is Blackstone trying to steady the ship with this move, or do they have real plans?
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ForkThisDAO
· 01-13 16:07
Here we go again, the big whale is throwing money into the exchange, and this time BlackRock is up to something again.
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POAPlectionist
· 01-13 16:07
Blackstone's move... really telling us that institutions haven't left yet
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RatioHunter
· 01-13 15:55
BlackRock is back again, and this time how optimistic are they... Over 3000 BTC directly dumped into Coinbase Prime, traditional finance is really here to take this share of the pie.
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FadCatcher
· 01-13 15:46
Blackstone's move is really giving the market a boost of confidence.
Major institutional player BlackRock has transferred substantial crypto holdings to a regulated custody platform once again. The deposit included 3,290 BTC worth approximately $303 million and 5,692 ETH valued at around $17.82 million directed to Coinbase Prime. This move reflects ongoing institutional participation in digital asset custody solutions and signals continued market positioning by traditional finance players in the crypto ecosystem. Such large-scale fund movements often attract attention from market participants monitoring institutional behavior and on-chain capital flows.