BlackRock moves $603M in BTC and ETH to Coinbase Prime on Jan 22, 2026

On January 22, 2026, BlackRock moved 3,970 BTC ($356.7M) and 82,813 ETH ($247.1M) to Coinbase Prime, totaling $603 million. The transfers, flagged by Jacob King using Arkham Intelligence, stoked sale and volatility concerns as Bitcoin traded around $89,419.00 and Ethereum near $2,958.45.