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BlackRock Deposits $135M in ETH to Coinbase Prime
12/03/2025, 12:06
AI SUMMARY
●BlackRock deposits 44,140 ETH ($135M) to Coinbase Prime
●Transaction detected by multiple on-chain analytics platforms
●Move aligns with continued institutional management of Ethereum assets
On-chain data monitors have detected a significant transaction involving BlackRock's digital asset operations. The asset manager deposited 44,140 ETH, valued at approximately $135.36 million, into Coinbase Prime.
This movement aligns with ongoing institutional activity surrounding Ethereum ETFs and custody arrangements. The transfer was flagged by multiple analytics platforms, including Lookonchain and Onchain Lens.