BlackRock Bitcoin Transfer to Coinbase May Indicate Liquidation Pressure Amid Major Crypto ETF Redemptions

Aug 22 2025 crypto


BlackRock transferred 1,885 BTC (~$111.7M) and 59,606 ETH (~$254.4M) to Coinbase Prime, signaling potential liquidation amid large crypto ETF outflows that drove near $1B withdrawals from Bitcoin ETFs and similar



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