BlackRock’s Coinbase Moves Are Spooking Traders Again..

Large transfers of Bitcoin and Ethereum tied to BlackRock have hit Coinbase in recent days, reigniting speculation that the world’s biggest asset manager may be positioning to sell into a nervous market. Blockchain-tracking data cited across the crypto press pointed to two notable batches: roughly $170 million in BTC and ETH moved to Coinbase Prime in one instance, and about $291 million in another. https://twitter.com/lookonchain/status/2020826334717735220 While transfers to an exchange don’t automatically mean an immediate sale, traders often read them as a sign of potential liquidity needs, hedging activity, or redemptions. Exchange Transfers Collide With a Fragile Tape The

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