BlackRock Transfers $372 Million in Ethereum to Coinbase Prime, Fueling Market Speculation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 05 2025
BlackRock's Ethereum Transfer: BlackRock has transferred 101,975 ETH (approximately $372 million) to Coinbase Prime, raising speculation about potential changes in its ETF strategy and the future of its cryptocurrency holdings.
Market Impact and Concerns: The transfer coincides with a dip in Ethereum's price and has led to concerns among investors regarding possible asset liquidation and its implications for the broader crypto market.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
