BlackRock transfers BTC and ETH to Coinbase

BlackRock transferred approximately 170 million worth of Bitcoin and Ethereum to Coinbase Prime, according to Arkham Intelligence data.
The transactions took place amid declining BTC and ETH prices and heightened market focus on the actions of major institutional players.
Earlier in January, BlackRock moved about 600 million in BTC and ETH to Coinbase, followed by recorded outflows of 142 million.