BlackRock-Linked Wallet Withdraws $62 Million in BTC and ETH

A wallet believed to be associated with BlackRock has seen the withdrawal of 656.71 Bitcoin (BTC) and 5,150 Ethereum (ETH) from Coinbase Prime, according to on-chain analytics platform Onchain Lens. The firm reported that BlackRock had accumulated these holdings on Coinbase Prime before moving them out. The Bitcoin portion was valued at around $49.79 million (approximately 682 billion won), while the Ethereum amount totaled about $12.28 million (roughly 168 billion won), bringing the combined total to roughly $62 million (about 849 billion won).