BlackRock-linked ETF wallets moved $355.63 million to Coinbase Prime, chiefly in Bitcoin (BTC), but the transfer record does not show whether the digital assets were sold.
Ether (ETH) accounted for 38,882 units worth about $93.22 million. The larger Bitcoin portion totaled 3,215 BTC, valued at about $262.41 million. Together, the reported amounts add up to $355.63 million.
The movement unfolded over two hours and ended at 8:37 a.m. ET on Friday, Oct. 23. Coinbase says its Prime service provides institutional customers with custody and trading services.
EconoTimes previously covered a $143.04 million transfer from BlackRock-linked wallets to Coinbase Prime on Oct. 19. A separate movement along the route on Oct. 13 totaled $202.54 million.
