BlackRock Stuns Coinbase With Bitcoin and Ethereum Move, What's Next?
Analysis
Price Impact
MedBlackrock's repeated deposits of significant amounts of btc and eth to coinbase typically signal potential selling pressure or liquidity management for institutional clients/etfs. while not confirmed as selling, increased supply on an exchange can lead to short-term price adjustments.
Trustworthiness
MedThe on-chain data regarding deposits is verifiable, but blackrock's exact intent (selling, rebalancing, or custodial transfers related to etf operations) is speculative as no official statement has been made. the article's initial framing of 'blackrock resumed selling' suggests an interpretation, but the core data is about deposits.
Price Direction
BearishDepositing substantial amounts of assets to an exchange generally increases the available supply for sale, which can exert downward pressure on prices in the short term. the article also notes bitcoin's sideways trading and year-end decline, suggesting a lack of strong immediate bullish catalysts from this specific news.
Time Effect
ShortThe immediate impact of large deposits to an exchange typically manifests in the short term as traders react to the potential increase in sell-side liquidity. however, if these are related to etf rebalancing, the effect might be absorbed more smoothly over a slightly longer period.
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Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Following a pause on Christmas Day, Blackrock resumed selling, with Bitcoin and Ethereum being moved to Coinbase, according to on-chain sources. Advertisement According to Onchain Lens, BlackRock deposited 1,044 BTC worth $91.9 million and 7,557 ETH worth $22.41 million into Coinbase and might deposit further. BlackRock deposited 1,044 $BTC worth $91.9M and 7,557 $ETH worth $22.41M into #Coinbase and is likely to deposit further. https://t.co/pyOLoPpL7H pic.twitter.com/XURynsi3dh — Onchain Lens (@OnchainLens) December 26, 2025 On Dec. 24, BlackRock deposited 2,292 BTC worth $199.8 million and 9,976 ETH worth $29.23 million to Coinbase Prime, Lookonchain reported. Advertisement Blackrock has often moved significant amounts of Bitcoin and Ethereum to major crypto exchange Coinbase in recent months. HOT Stories Morning Crypto Report: Legendary Trader Speaks out on $24,111 Bitcoin Anomaly on Binance, Cardano's Hoskinson Calls out New Project and Brings up XRP, Dogecoin (DOGE) Posts 'Naughty List' CZ Reacts to Trust Wallet Hack. Are Funds SAFU? Crypto Market Prediction: Is Shiba Inu (SHIB) Saved? XRP Can Enter New Year With Bull Run, Bitcoin (BTC): There's a Problem Biggest-Ever Bitcoin Options Expiry to Take Place Tomorrow Although no official statements have been made by BlackRock, the shift of Bitcoin and Ethereum to Coinbase on a regular basis has often piqued the attention of the crypto market. Bitcoin quietly setting up a multiweek move? Bitcoin is headed for the fourth annual decline in its history, and the first one that did not coincide with a major scandal or industry meltdown. Bitcoin is now about 7% lower for the year. It was trading at about $88,692 at press time. Advertisement According to 10x Research, Bitcoin has spent several weeks now trading sideways, frustrating both bulls and bears, yet the forces shaping the next move seem to be quietly shifting beneath the surface. 10x Research highlighted a rare alignment between options positioning, with volatility shrinking as technical exhaustion begins to emerge, one which remains crucial at this point. While capital flows seem lacking, opportunities have not yet disappeared, but just waiting for the right timing. Amid year-end positioning, several overlooked signals are converging unusually, indicating that the market may be far closer to an inflection point than price action alone suggests. #BlackRock #Bitcoin #Ethereum