Do you see this as short-term risk management — or the start of a broader trend?
CryptoVisionABD
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BlackRock moved a significant amount of crypto as ETF outflows persisted into year-end. On-chain data shows 2,201 BTC and 7,557 ETH sent to Coinbase Prime, valued at $214M+ at the time. This transfer occurred on Dec 26, the same day Bitcoin ETFs recorded -$275.9M in net outflows, with IBIT contributing the majority. Ethereum ETFs also posted net exits. Stepping back, crypto ETPs have now seen roughly $3.2B in outflows since the October correction. This doesn’t confirm aggressive selling. However, large institutional transfers during sustained outflows typically reflect a more cautious, risk-management posture rather than accumulation. #BTC #ETH #CryptoETFs
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