- BTC Withdrawn: 4,716 BTC
- BTC Value: $345.23 million
- ETH Withdrawn: 33,231 ETH
- ETH Withdrawal Value: $50 million
- ETH Deposited to Coinbase: 12,084 ETH
- ETH Deposit Value: $25.04 million
- Total Net BTC Inflow: 4,716 BTC ($345.23 million)
- Total Net ETH Inflow: 21,147 ETH ($45.46 million)
All transactions were recorded on March 4, 2026 at 18:31:23 UTC and involve transfers between wallets associated with BlackRock and Coinbase. Wallet activity attributed to BlackRock recorded significant movements involving Bitcoin (BTC) and Ethereum (ETH) in transactions linked with Coinbase. The transactions included both withdrawals and deposits across the two digital assets.
The data shows that BlackRock withdrew a total of 4,716 BTC, valued at approximately $345.23 million, from Coinbase. In addition to Bitcoin withdrawals, the entity also withdrew 33,231 ETH, valued at approximately $50 million, from the same platform.
Within the same time frame, BlackRock deposited 12,084 ETH, valued at approximately $25.04 million, back into Coinbase. These movements resulted in measurable net inflows for both Bitcoin and Ethereum. Based on the recorded transactions, the total net inflow reached 4,716 BTC, valued at $345.23 million, and 21,147 ETH, valued at $45.46 million, a previous transaction BlackRock Moves 4,943 BTC to Coinbase.
Overview
The on-chain data indicates simultaneous movements of both Bitcoin and Ethereum involving Coinbase-linked wallets. The BTC activity consists exclusively of withdrawals, with 4,716 BTC transferred out of Coinbase, resulting in a direct net inflow of the same amount.
Ethereum activity includes both withdrawals and deposits. A total of 33,231 ETH was withdrawn from Coinbase-linked wallets, while 12,084 ETH was deposited back to the platform during the same recorded transaction window. This sequence results in a net Ethereum inflow of 21,147 ETH.
The recorded values indicate that the BTC transfers represent approximately $345.23 million, while the net ETH inflow corresponds to $45.46 million based on the transactions.
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.
