🔥 BlackRock struck again, accumulating 12,272 BTC in 16 days! 💰
According to on-chain monitoring, BlackRock’s ETF address has been frantically purchasing goods in the past 16 days, spending US$742 million to increase its holdings of 12,272 BTC! Currently, they hold a total of 369,822 BTC, worth up to $22.4 billion! 💥
📉 Review: BlackRock made little movement when BTC prices were trading below $60,000 for an extended period between August 27 and September 24. However, since September 24, they have restarted the buying mode and significantly increased their layout efforts. 🎯
💡 My opinion: The continuous accumulation of holdings by large institutions BlackRock shows that they are confident in the future of BTC! Is this a sign that the market is about to see a strong rebound? 📈 While large institutions are making plans, this may be the key moment for small retail investors to seize the opportunity and get on board in advance! 🚀
Good for the market: The entry of large funds will enhance market liquidity and confidence and push prices to new highs! 💪
Potential risks: However, the movements of the giant whale may also cause short-term fluctuations. Be careful not to be thrown out of the car! 🎢
What do you think? Will you follow BlackRock? 👇
