BlackRock moves large BTC and ETH deposits to Coinbase on Dec 24–25; separate $1B in BTC moved between wallets and BlackRock reports $91.4M ETF outflow
first published 2025-12-26T15:30:00Z
On Dec. 25 Onchain Lens reported BlackRock deposited 1,044 BTC (~$91.9M) and 7,557 ETH (~$22.4M) to Coinbase. Lookonchain reported earlier Dec. 24 deposits of 2,292 BTC (~$199.8M) and 9,976 ETH (~$29.2M). BlackRock has not issued an official statement. Market context: BTC is down ~7% year-to-date and trading around $88,692; 10x Research noted shrinking volatility, aligned options positioning and technical exhaustion that could precede a multiweek move.
AI Analysis
Scores reflect only facts in the summary: repeated large on-chain deposits from BlackRock to Coinbase (1,044 BTC & 7,557 ETH on Dec. 25; 2,292 BTC & 9,976 ETH on Dec. 24), absence of an official BlackRock statement, and market context that BTC is down ~7% YTD and 10x Research reports shrinking volatility, aligned options positioning and technical exhaustion.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
