BlackRock transferred 3,966 BTC to Coinbase, valued at approximately $244 million

Odaily reports, according to Onchain Lens monitoring, an address associated with BlackRock transferred 3,966 BTC to Coinbase, valued at approximately $244.4 million.

On-chain data shows this marks another substantial BTC transfer by BlackRock to Coinbase in recent times. Previously, BlackRock had transferred 3,300 BTC and 15,095 ETH to Coinbase, with a total value exceeding $234 million.