BlackRock Withdraws Significant Bitcoin Holdings from Coinbase

Asset management giant BlackRock has reportedly withdrawn approximately $717 million worth of Bitcoin (BTC) from Coinbase over the past three days. This includes a substantial single withdrawal of 4,082 BTC, valued at around $269 million, made just nine hours ago.

According to Onchain Lens, the total amount of Bitcoin moved by BlackRock from the cryptocurrency exchange in the last 72 hours amounts to 10,749 BTC.

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