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News · ▼ Bearish · 1 source confirmed · 2026-09-17 12:14 UTC

BlackRock just deposited 54,096 $ETH($131.7M) and 2,015 $BTC($153.8M) to Coinbase Prime. https://t.co/YfaFJXVOID https://t.co/0MqxS5EZIX

Why now

Thesis: BlackRock crypto deposits may signal selling or rebalancing

Catalyst to watch: Subsequent ETF flow data

Main risk: Deposits are routine custody, not selling

Why it matters

BlackRock moving BTC and ETH to an exchange custodian can signal preparation for selling or rebalancing.

Details

BlackRock just deposited 54,096 $ETH($131.7M) and 2,015 $BTC($153.8M) to Coinbase Prime. https://t.co/YfaFJXVOID https://t.co/0MqxS5EZIX

Related assets & topics

Coinbase · COINBitcoin · BTC-USDEthereum · ETH-USD

Sources

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