BlackRock Sends 5,320 Bitcoin and 40,720 Ether to Coinbase

BlackRock sent 5,320 Bitcoin (BTC) and 40,720 Ether (ETH) to Coinbase on Nov. 9, a transfer valued at about $482.66 million that followed a larger move six days earlier. The Bitcoin was valued at about $396.49 million, accounting for most of the Nov. 9 total. The Ether was valued at about $86.17 million. On Nov. 3, BlackRock moved 7,244 BTC and 63,600 ETH to Coinbase Prime in a transfer valued at about $702.3 million . The Nov. 9 movement was smaller in both asset amounts and estimated dollar value. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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