Arkham monitoring data shows that about seven hours ago, 206,583 BTC flowed from Coinbase Prime's hot wallet address to the IBIT Bitcoin ETF of BlackRock Bitcoin Exchange, worth approximately $15.91 million. According to official updates from BlackRock, as of November 7th, IBIT's holdings have reached 447,280.6806 BTC, with a market value of over $34.29 billion.