🚀 Giant whale moves! BlackRock strikes again, 3,900 BTC + 17,000 ETH transferred to Coinbase
Just now, on-chain monitoring revealed explosive news: asset management giant BlackRock deposited nearly 4,000 BTC (approximately $275 million) and over 17,000 ETH (approximately $35.83 million) into Coinbase. The scale is so large that it has caught the market's attention💥
This operation is not the first time, but the scale is indeed astonishing. Is this an institutional adjustment of positions? Or is it laying the groundwork for the upcoming market? Typically, large-scale transfers to exchanges may come with expectations of selling pressure, but they could also be preparing for liquidity positioning.
The current market is at a critical stage, and every move by large funds could drive emotions and direction. ETH has been relatively low-key recently, and BTC is also gathering strength; the actions of institutions at this time are worth pondering.
In summary: large institutions continue to "flex their muscles" on-chain, which signals long-term optimism for the crypto space, but it may also be brewing a new round of market rhythm. Stay attentive, but don’t blindly follow the trend; managing your own positions is the key🔥
Will there be more transfers in the future? How will the market react? Let's discuss your thoughts in the comments below👇
