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
