BlackRock Transfers Bitcoin to Coinbase Prime
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BlackRock TransfersCoinGape
•Business
Business & Economics
BlackRock moves $429M in Bitcoin to central exchange sparking fears of selloff

56% Informative
BlackRock has moved $429M in Bitcoin to a centralized exchange hinting at a potential sale.
Bitcoin price has slipped below the $ 105 K mark as market sentiment sheds optimism.
The asset transfers to Coinbase Prime are fuelling speculation of a potential sell-off by BlackRock .
The assets come from its iShares Bitcoin Trust ETF with a month-long streak of heavy accumulation.
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