A significant amount of ETH has been flowing out of BlackRock-linked wallets.
Over the past 30 days, the tracked addresses have recorded cumulative outflows of 580,145 $ETH , worth approximately $1.32 billion.
That's a substantial amount of ETH moving out of the tracked wallets in just one month.
But there's an important distinction: wallet outflows don't automatically mean BlackRock has sold the ETH. The coins could also be moving between custodians or to other wallets.
Still, the scale of these movements is worth watching.
BlackRock entity:
https://arkm.com/explorer/entity/blackrock
Over the past 30 days, the tracked addresses have recorded cumulative outflows of 580,145 $ETH , worth approximately $1.32 billion.
That's a substantial amount of ETH moving out of the tracked wallets in just one month.
But there's an important distinction: wallet outflows don't automatically mean BlackRock has sold the ETH. The coins could also be moving between custodians or to other wallets.
Still, the scale of these movements is worth watching.
BlackRock entity:
https://arkm.com/explorer/entity/blackrock
