BlackRock Moves $114M in Bitcoin and Ethereum to Coinbase
Key Takeaways:A New Round of Transfers Hits CoinbaseWhy Coinbase and Why Now?Bitcoin Stalls But Pressure Is BuildingETH Joins BTC in the Transfer PatternMarket Watching the Next Move
With transfers recorded on December 24 and again on December 26, traders are now monitoring:
- Whether BlackRock continues routing assets to Coinbase
- Whether on-chain activity aligns with derivatives positioning
- Whether volatility expansion finally breaks Bitcoin’s tight trading range
Analysts highlight the fact that crypto markets tend to reverse when flows, derivatives and sentiment coincide. Those may be happening in the background.
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