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BlackRock Deposits 1,701 BTC Worth $124.88M Into Coinbase (March 16)

Bitcoin transfer recorded as BlackRock moves 1,701 BTC valued at $124.88 million to Coinbase

by Sathish Kumar K
March 16, 2026
in Market Updates
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BlackRock Deposits 1,701 BTC Worth $124.88M Into Coinbase (March 16)

BlackRock Investment Management & Financial Services” by Anthony Quintano, CC BY 2.0

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  • BlackRock deposited 1,701 BTC
  • Total value recorded: $124.88 million
  • Destination platform: Coinbase
  • Transaction timestamp: March 16, 2026 – 10:30:01 UTC
BlackRock Deposits 1,701 BTC Worth $124.88M Into Coinbase (March 16)
BlackRock Deposits 1,701 BTC Into Coinbase

A transaction involving BlackRock recorded a deposit of 1,701 BTC into Coinbase on March 16, 2026. The value associated with the transfer was $124.88 million. In a previous transaction, BlackRock Deposited 566.88 BTC and 7,552 ETH Worth Over $55M Into Coinbase on March 12 in a recorded on-chain transaction.

Recorded Event: The transaction reflects the movement of 1,701 BTC linked to BlackRock into Coinbase at the specified timestamp of 10:30:01 UTC on March 16, 2026. The recorded value for the deposit was $124.88 million.

Disclaimer: Cryip is an independent media and research outlet providing news, data, and analysis on the cryptocurrency industry. Content is for informational and research purposes only and does not constitute financial, legal, tax, or investment advice. Cryptocurrency markets are volatile and past performance is not indicative of future results. References to specific assets, platforms, or incidents are for journalistic purposes only and do not imply endorsement, and readers assume full responsibility for their decisions.
Tags: BitcoinBlackRockBTCCoinbase

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