BlackRock Deposits Massive Amount of BTC and ETH to Coinbase Worth Over $210 Million

BlackRock Deposits Large Amount of Cryptocurrencies to Coinbase

On February 5, data from Onchain Lens revealed that BlackRock's ETF address deposited 3,900 BTC, worth approximately $275 million, and 17,197 ETH, worth around $35.83 million, into the well-known cryptocurrency exchange Coinbase.

• The total value of this transaction exceeds $210 million.
• This move has sparked speculation about BlackRock's cryptocurrency strategy.