BlackRock ETF wallet transfers 37,470 ETH worth about $83.3 million to Coinbase Prime

TechFlow news, October 30: According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock transferred 37,470 ETH (worth about $83.3 million) from its ETF wallet to Coinbase Prime. The specific purpose of the transfer has not been disclosed. Transfers to custody and trading platforms can sometimes be related to redemption processing, asset allocation, or selling, but it cannot be determined from this alone.

Source: TechFlow