Post
ThanTaiCrypto
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According to tracking data from reputable on-chain sources, BlackRock continues to transfer Bitcoin and Ethereum to exchanges just before the U.S. stock market opens.
Specifically, just a few minutes ago, BlackRock transferred 2.288 BTC (approximately 189 million USD) and 19.644 ETH (about 53.7 million USD) to Coinbase.
Notably, even though this fund just received 1.200 BTC and 9.660 ETH yesterday, the amount of assets transferred out today is nearly double, indicating that short-term withdrawal pressure is still dominant.
Overall, from the beginning of the week until now, BlackRock's net flow of BTC and ETH remains significantly negative, reflecting a trend of distribution more than accumulation at this current stage.
ThanTai Crypto
Specifically, just a few minutes ago, BlackRock transferred 2.288 BTC (approximately 189 million USD) and 19.644 ETH (about 53.7 million USD) to Coinbase.
Notably, even though this fund just received 1.200 BTC and 9.660 ETH yesterday, the amount of assets transferred out today is nearly double, indicating that short-term withdrawal pressure is still dominant.
Overall, from the beginning of the week until now, BlackRock's net flow of BTC and ETH remains significantly negative, reflecting a trend of distribution more than accumulation at this current stage.
ThanTai Crypto
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