Markets· ★★★· neutral·

BlackRock's IBIT withdraws 2,309.6 BTC worth $196.6M from Coinbase Prime

  • —2,309.6 BTC moved, worth roughly $196.6 million
  • —Funds came from the Coinbase Prime custody account
  • —Transfer flagged by onchain monitor Onchain Lens
Why it matters: Large BTC movements at IBIT are watched as a gauge of institutional demand for spot Bitcoin ETFs.
#BTC
Source: ChainCatcher 链捕手
More on this
Markets · Sep 17
BlackRock withdraws 656.71 BTC and 5,150 ETH worth $62 million from Coinbase Prime
 Markets · 03:06
Fresh wallet withdraws 198,290 HYPE worth $17.2M from Coinbase Prime
 Markets · Sep 23
Whale buys and withdraws 9,820 ETH worth $27M from Coinbase Prime