BlackRock transferred over $700 million worth of BTC and ETH to an exchange
Institutional moves are generally interpreted in three ways:
① Allocation: annual allocation, with little attention to intraday price movements;
② Rebalancing: portfolio adjustments, which don't necessarily signal a bearish outlook;
③ Trading: short-term moves that can come and go quickly.
There isn't much information this time, so I'll put it on the watchlist for now.
$BTC latest: 77415.84, 24h -0.44%. News with a specific time carries far more weight than vague rumors.
#BTC
Institutional moves are generally interpreted in three ways:
① Allocation: annual allocation, with little attention to intraday price movements;
② Rebalancing: portfolio adjustments, which don't necessarily signal a bearish outlook;
③ Trading: short-term moves that can come and go quickly.
There isn't much information this time, so I'll put it on the watchlist for now.
$BTC latest: 77415.84, 24h -0.44%. News with a specific time carries far more weight than vague rumors.
#BTC