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BlackRock has recently withdrawn significant amounts of BTC and ETH, drawing attention to on-chain activity.
【Crypto World】According to on-chain data monitoring, BlackRock has been quite active in the crypto market these past two days. In just the last 8 hours, they withdrew a total of 6,647 BTC (worth approximately $638.09 million) and 4,179 ETH (worth about $13.76 million) from a major exchange. Looking back over the past two days of withdrawal records, a total of 9,346 BTC have been transferred out (total value approximately $900.23 million). Such large-scale on-chain transfer movements usually attract the attention of market participants—large institutional position adjustments often indicate changes in market sentiment.
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Shark Wallet's withdrawal is so fierce, could it be bottom fishing? This is the real institutional player.
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Wait, transferring 900 million in just two days? This pace seems off. Is the market about to change?
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BlackRock is starting to stir again. Every time they do this, the market moves. Everyone needs to be cautious.
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Looking at the on-chain data, I broke out in a cold sweat. Over 9,000 BTC taken just like that. Our level is completely different from theirs.
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Based on on-chain data, is BlackRock retreating? Or accumulating chips? I really can't understand what the big institutions are thinking.
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It's always BlackRock and on-chain movements. How many times have we heard this? Sometimes it's just normal operations, don't overthink it.
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8,647 BTC withdrawn in just eight hours. That's a big move. Retail investors, let's just watch the show honestly.