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

robot
Abstract generation in progress

【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.

BTC1,99%
ETH2,62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
UnluckyMinervip
· 6h ago
This move could be a hit, the Black Pearl major investor is accumulating again, there's more to come. Big institutions are so aggressive, retail investors just wait to get cut, haha. Over 3000 Bitcoins? Oh my, such a move, I could never mine that much in my lifetime. It's starting again, whenever institutions enter, we have to follow the trend, or else we'll suffer huge losses, brothers. Look at this rhythm, the next round is about to take off, I feel it.
View OriginalReply0
GasOptimizervip
· 6h ago
BlackRock is starting to act again, the institutional army is really coming.
View OriginalReply0
StableGeniusDegenvip
· 6h ago
BlackRock's move... Are they laying an ambush again? Dropping over 3,000 BTC directly into exchanges—are they really trying to bottom out or just collecting chips to play psychological warfare?
View OriginalReply0
just_another_fishvip
· 6h ago
This is really taking off now, Blackstone's move is just too aggressive.
View OriginalReply0
BtcDailyResearchervip
· 6h ago
BlackRock is accumulating coins again, and this time it's such a big move... Could it be hinting at something?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)