🚨 BREAKING: BlackRock Transfers $140 Million Worth of ETH to Coinbase
BlackRock has just moved 47,463 ETH, valued at approximately $140 million, to Coinbase, according to on-chain data. The transfer has immediately caught the attention of market participants, as movements from institutions of this scale often signal potential portfolio rebalancing, liquidity management, or preparation for trading activity. $BTC
While the exact purpose of the transfer remains unclear, such large inflows to centralized exchanges are closely watched for possible selling pressure or strategic positioning amid broader market volatility. $ETH This move adds to growing speculation around institutional behavior in Ethereum as investors assess macro conditions, ETF flows, and upcoming market catalysts.$BNB
