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Crypto

BlackRock Unloads $158M in BTC and ETH

Guavy AI Editorial Team
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BlackRock has made another significant move in the cryptocurrency market, withdrawing $158 million worth of Bitcoin (BTC) and Ethereum (ETH) from Coinbase Prime.

The withdrawal includes 1,698.44 BTC, valued at approximately $130.2 million, and 11,690 ETH, worth around $28.3 million.

This pattern aligns with BlackRock's steady accumulation of BTC over the past year and has implications for ongoing price prediction models that track institutional flows.

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