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TechFlow, November 25 — In response to reports of "BlackRock transferring large amounts of BTC and ETH to Coinbase," Evgeny Gaevoy, founder and CEO of market maker Wintermute, tweeted a reminder stating, "This is actually a highly lagging indicator. Selling has already occurred within the ETFs. On-chain transfers by market makers often reflect the same situation."
Regarding the news about "BlackRock transferring large amounts of BTC and ETH to Coinbase," Wintermute founder and CEO Evgeny Gaevoy tweeted a reminder: "This is actually a highly lagging indicator. The selling has already occurred in ETFs. On-chain transfers by market makers are often the same."
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