BlackRock transferred 1,134 BTC (~$101.4M) and 7,255 ETH (~$22.1M) to Binance, extending a sell-off that began in November after earlier transfers of 2,201 BTC and 7,557 ETH (~$214M) to Coinbase. The firm saw over $2.1B in ETF outflows in 2025. Short-term traders view the deposits as a potential trigger for additional selling pressure; long-term holders may wait to see price direction. Despite the transfers, BTC traded near $89,412.80 (+1.78%) and ETH around $3,048.61 (+2.25%) with ETH volume up ~7.12% to $14.98B. BlackRock has not provided a public explanation for the transfers.

BlackRock moved sizable balances (1,134 BTC and 7,255 ETH) to Binance following earlier transfers to Coinbase (2,201 BTC and 7,557 ETH). The firm experienced over $2.1B in ETF outflows in 2025. The deposits are described as extending a sell-off and are seen by short-term traders as a potential trigger for wider selling, while no public explanation was provided. Price and volume figures from the summary are cited.