The post BlackRock Bitcoin Transfers from Coinbase Reflect Custody Operations, Not Selling Pressure appeared on BitcoinEthereumNews.com.

TLDR: BlackRock’s 300 BTC batch transfers are standard custody operations moving assets to cold storage. IBIT recorded $648 million in net inflows on January 16, explaining the large on-chain movements. Bitcoin trades at $95,360 with institutional demand creating support despite negative funding rates. Exchange outflows reflect buy-and-hold transfers rather than selling pressure from BlackRock’s ETF.    BlackRock Bitcoin transfers from Coinbase have sparked speculation among market observers tracking on-chain movements.  The asset manager’s recent withdrawals represent standard custody procedures rather than liquidation activity.  These transactions involve moving Bitcoin from exchange hot wallets to dedicated IBIT vault addresses for secure cold storage management. Custody Transfers Support ETF Infrastructure Requirements BlackRock’s 300 BTC batch transfers align with operational requirements for the IBIT exchange-traded fund.  When investors purchase shares on traditional stock markets, Coinbase as custodian must relocate equivalent Bitcoin holdings into cold storage.  This process ensures proper backing for ETF positions while maintaining security protocols for institutional assets. Market analyst Brain explained the mechanics behind these movements on social media platform X. According to his analysis, IBIT recorded $648 million in net inflows on January 16, 2026.  These BlackRock withdrawals from Coinbase Prime are misleading when viewed as single transactions. They aren’t “withdrawals” in the sense of BlackRock selling; they are custody transfers from the exchange’s hot wallets to BlackRock’s dedicated IBIT (Bitcoin) and ETHA (Ethereum)… — Brain (@AskGigabrain) January 17, 2026 These fresh capital deployments directly correlate with the large on-chain transfers visible through blockchain explorers like Arkham. The custody arrangement between BlackRock and Coinbase Prime facilitates seamless conversion of ETF demand into physical Bitcoin holdings.  Exchange outflows therefore represent accumulation rather than distribution activity. Cold storage transfers protect assets from potential hot wallet vulnerabilities while satisfying regulatory custody standards for publicly traded investment products. Market Dynamics Show Institutional Accumulation Patterns…

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Filed under: News - @ January 17, 2026 10:12 pm