贝莱德 Withdraws Massive $1.27 Billion from Coinbase Prime

Bridge Fund Manager Berkeley Asset Management (贝莱德) recently withdrew approximately $1.27 billion in BTC and ETH from Coinbase Prime within a one-hour period.

The sudden withdrawal was reported by various cryptocurrency news outlets on February 24, with some speculating about the reasons behind this massive extraction of digital assets from the popular exchange.

Berkeley Asset Management is not an unfamiliar name in the crypto space, having previously demonstrated a significant interest in investing in cryptocurrencies. Their decision to withdraw such a substantial amount within a short timeframe has left many wondering what prompted this move.