Wintermute founder: The large transfer of BlackRock tokens to Coinbase was delayed; the sell-off had already been completed within the ETF.

Odaily Planet Daily reports that Wintermute founder Evgeny Gaevoy commented on the "large BTC and ETH transfer from BlackRock to Coinbase" on X, saying: "This is actually a very lagging indicator. The sell-off has already occurred in ETFs. The same is often the case with on-chain transfers by market makers."