🚨 JUST IN: BLACKROCK MOVES $702 MILLION IN BTC AND ETH TO COINBASE PRIME.
Whale alert! 🐋
According to Onchain Lens, BlackRock transferred:
₿ 7,244 BTC worth $558.62 MILLION
Ξ 63,600 ETH worth $143.63 MILLION
Total value: $702.25 MILLION.
Both transfers reportedly went to Coinbase Prime within the past hour.
But here's what matters
🏦 BlackRock is one of the biggest institutional players in crypto.
⚠️ Transfers to an exchange-related wallet can raise questions about potential selling, liquidity management or custody operations.
📊 However, an exchange transfer does NOT automatically mean a sell order is coming.
The big question: Is BlackRock preparing to sell, or simply repositioning its crypto holdings?
Watch BTC and ETH order flow closely. This is a transfer worth monitoring.
#Bitcoin #Ethereum #BlackRock #Crypto #BTC $BTC $ETH $SOL
Whale alert! 🐋
According to Onchain Lens, BlackRock transferred:
₿ 7,244 BTC worth $558.62 MILLION
Ξ 63,600 ETH worth $143.63 MILLION
Total value: $702.25 MILLION.
Both transfers reportedly went to Coinbase Prime within the past hour.
But here's what matters
🏦 BlackRock is one of the biggest institutional players in crypto.
⚠️ Transfers to an exchange-related wallet can raise questions about potential selling, liquidity management or custody operations.
📊 However, an exchange transfer does NOT automatically mean a sell order is coming.
The big question: Is BlackRock preparing to sell, or simply repositioning its crypto holdings?
Watch BTC and ETH order flow closely. This is a transfer worth monitoring.
#Bitcoin #Ethereum #BlackRock #Crypto #BTC $BTC $ETH $SOL
