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37,470 Ether (ETH) Reaches Coinbase Prime From BlackRock-Linked Wallet

A separate 45,240 ETH movement to Coinbase Prime involved wallets tied to BlackRock’s ETHA and ETHB funds and was valued at about $104.8 million.

Updated 1 min read
A ledger-style graphic shows Ether moving from fund-linked wallets to institutional custody. / TokenPost.ai (mono)
A ledger-style graphic shows Ether moving from fund-linked wallets to institutional custody. / TokenPost.ai (mono)

Coinbase Prime received two transfers linked to BlackRock funds: 37,470 ETH, valued at about $83.3 million, from an ETF-linked wallet and 45,240 ETH, valued at about $104.8 million, from wallets tied to ETHA and ETHB.

EconoTimes previously covered an 18,098 ETH transfer from ETHA- and ETHB-linked wallets to Coinbase Prime, valued at $43.6 million.

Coinbase says its Prime platform offers institutional custody and trading services. The transfer records show the destination, but do not confirm whether the Ether was sold.

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