BlackRock transfers hundreds of millions of dollars in crypto assets to a leading platform

【BitPush】On-chain data shows that a well-known asset management giant’s wallet recently transferred a large amount of digital assets to a major trading platform — including 3,290 Bitcoins (worth approximately $302.9 million) and 5,692 Ethereum (worth about $17.82 million). More interestingly, according to on-chain tracking, this transfer may just be the beginning, with signs of continued position increases in the future. The entry of such large institutional funds is often seen by market participants as an important market indicator. From the perspective of the two main cryptocurrencies, BTC and ETH, this level of trading volume reflects ongoing optimism among institutional investors regarding crypto asset allocation, especially in the current market environment, such signals are even more noteworthy.