Lookonchain said 151.4 million dollars’ worth of Ethereum was transferred to Coinbase Prime from addresses it associated with BlackRock, and that the reported net outflow since October 1 has reached $1.74 billion.
According to a November 10 post by on-chain data platform Lookonchain, 72,212 ETH was sent to Coinbase Prime, Coinbase’s institutional service.
Net outflows reach 791,758 ETH since October
Lookonchain’s calculation of net outflows since October 1 reached 791,758 ETH. The platform valued these flows over the period at approximately $1.74 billion. The latest transfer to Coinbase Prime does not, by itself, indicate that the ETH was sold.
Not investment advice.
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