The on-chain transaction included several key measurable components:
- Transferred Asset: Bitcoin (BTC)
- Total Amount: 1,134 BTC
- Estimated Value at Transfer: $74.95 million
- Destination: Coinbase
- Date & Time:: March 2, 2026 (11:14:50 UTC)
- Transaction Type: Deposit to centralized exchange
- Wallet Attribution: BlackRock-linked wallet
On March 2, 2026, at 11:14:50 UTC, an on-chain transaction recorded the deposit of 1,134 Bitcoin (BTC), valued at approximately $74.95 million, into Coinbase. The transfer was associated with wallets linked to BlackRock. The movement was identified through blockchain tracking and reflects a transaction sent to a centralized exchange. The recorded data confirms the asset type, volume, valuation at the time of transfer, destination platform, and timestamp. A previous transaction on BlackRock Receives 4,309 BTC Worth $289.6 Million.
The funds were transferred directly to Coinbase. The deposit indicates movement from an external wallet to an exchange-controlled address. The recorded timestamp provides precise confirmation of when the transfer occurred on-chain. The valuation of the transaction is based on the market price of Bitcoin at the time of execution. This activity reflects measurable blockchain interaction involving institutional wallet attribution and exchange inflow.
The valuation provides a clear reference point based on market conditions at the time of the transfer. The exchange destination confirms liquidity access and potential interaction with trading or custody infrastructure.
Exchange Inflow Signals
The transaction demonstrates observable characteristics commonly associated with institutional wallet behavior. The funds were sent directly to a centralized exchange, indicating a shift from on-chain custody to exchange-held custody.
The timestamped data highlights real-time capital movement visibility through blockchain tracking tools. The attribution of the wallet allows monitoring of institutional participation in digital asset markets. The transaction also reflects transparency in public blockchain networks.
The direct routing to Coinbase indicates a clear inflow to exchange infrastructure. This pattern aligns with measurable on-chain flows between institutional wallets and centralized trading or custody platforms. The event contributes to recorded exchange inflow metrics.
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