Don't forget the 7,553 $ETH. Everyone seems to think that this is bearish. No. Companies of this size send money all the time. The $80M they just sent is nothing compared to the $61.3B they still have in $BTC and $11.8B in $ETH. I'd be more worried if they didn't move anything at all.
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Blackrock sent 1,134 $BTC to Coinbase.
Don't forget the 7,553 $ETH.
Everyone seems to think that this is bearish.
No.
Companies of this size send money all the time.
The $80M they just sent is nothing compared to the $61.3B they still have in $BTC and $11.8B in $ETH.
I'd be more worried if they didn't move anything at all.