Global asset manager BlackRock has transferred 1,134 BTC, valued at approximately $74.18 million, to Coinbase on February 25, 2026, at 11:44:56 UTC. The transaction was recorded on-chain and reflects a large-scale institutional movement of Bitcoin to a centralized crypto platform.
Overview
Based on the recorded data, the total value of the transaction stood at $74.18 million at the time of movement. The activity was publicly visible through blockchain tracking, allowing verification of the wallet movement and transaction details.
This deposit represents a recorded Bitcoin transfer by an institutional entity to an exchange. The transfer was sent to Coinbase, a platform used by institutional participants for crypto services. Coinbase provides custody, trading, and liquidity services for institutional clients.
The transaction involved 1,134 BTC and was recorded as a high-value Bitcoin transfer on-chain. On-chain data is used to track large Bitcoin deposits and exchange inflow activity.
Blockchain Confirmation: Blockchain records show that the transfer originated from a wallet associated with BlackRock and was sent directly to Coinbase. The movement contributes to ongoing monitoring of institutional Bitcoin flows, which remain a key metric in analyzing large capital movements in the cryptocurrency market.
Last Transaction on Feb 24: BlackRock Deposits 1,814 BTC and 24,472 ETH to Coinbase Prime
Disclaimer: Cryip's content is strictly for educational and informational purposes and does not constitute financial, legal, or investment advice. Cryptocurrency involves significant risk, and readers assume full responsibility for their own financial decisions. Asset references are never endorsements.
To make complex crypto topics accessible to readers at all experience levels, our team uses AI tools strictly to refine language, correct grammar, and simplify terminology. AI is never used to draft facts, source information, or form conclusions. Every article is fact-checked and approved by a human editor before publication. Read our full AI Use & Content Policy.
