BlackRock Moves 7,459 BTC Into Coinbase Prime-Is a Bitcoin Crash Inevitable?

Recent activity shows that BlackRock and wallets linked to Strategy have transferred Bitcoin to Coinbase Prime. While the transfers are verified, it’s currently unknown why they did so. Just because the Bitcoin is with Coinbase Prime doesn’t mean it will be sold. Large institutions often move Bitcoin through platforms like Prime for internal reasons – such as adjusting portfolios, managing collateral, or simply moving funds around – without actually selling it on the open market.



