BlackRock Dumps ETH Again — Is Ethereum Headed for Trouble or a Major Bounce?
Ethereum markets are facing renewed turbulence after reports emerged that BlackRock, the world’s largest asset manager, has sold off ETH for the second time in just a week. The timing of this move has sparked intense debate within the crypto trading community — is this a strategic exit or just another shakeout before a bigger rebound?
According to market watchers, BlackRock's latest ETH sell-off sent immediate shockwaves through the crypto space. The last time the asset giant unloaded Ethereum, the market reacted with a brief correction before stabilizing. Now, with a second consecutive dump, traders are bracing for potential short-term volatility.
At the time of writing, ETH is trading near $4,001.3 USDT (Perpetual Futures). Many see this level as a key psychological and technical support zone. If it holds, Ethereum may be gearing up for a strong bounce. But if it breaks down, it could signal a deeper correction.
Despite the bearish tone this news introduces, some seasoned investors are interpreting it differently. Historically, Ethereum has shown resilience following large sell-offs, often bouncing back stronger once weak hands are shaken out. For long-term holders and opportunistic traders, this kind of volatility is not a threat — it’s an entry signal.
Whether this move by BlackRock reflects a bearish macro outlook or simple portfolio rebalancing, one thing is clear: all eyes are now on ETH’s next move.
