Recent on-chain data from a leading trading platform shows an interesting phenomenon. In the past 8 hours, the well-known asset management giant BlackRock withdrew a total of 3,312 Bitcoins (approximately $314 million) and 5,336 Ethereum (about $17.54 million).
To see how active they are, just look at the records from the past three days. BlackRock has cumulatively withdrawn 12,658 Bitcoins (about $1.21 billion) and 9,515 Ethereum (around $31.3 million). Such a large volume of fund outflows somewhat reflects the current institutional investors' movements in the market environment. Large withdrawals often indicate asset transfers or strategic adjustments, which market participants should closely monitor for subsequent market reactions.
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PonziDetector
· 5h ago
Blackstone's recent move is really aggressive. In three days, they withdrew 1.2 billion USD worth of Bitcoin—just like that. How bearish do you have to be, or is it just a matter of relocating?
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OnchainDetectiveBing
· 11h ago
BlackRock's move is really aggressive. They withdrew 1.2 billion in just three days. Are they accumulating or fleeing?
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GasFeeLady
· 11h ago
bruh watching blackrock's on-chain moves like it's a gas oracle prediction... 12.1B in btc flow in 3 days? that's not a withdrawal, that's a whole migration strategy shift happening rn. ngl the timing windows they're hitting feel way too clean to be coincidence 🤔
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GasFeeNightmare
· 11h ago
Blackstone's pace, are they really dumping the market or just switching wallets? Feeling a bit anxious.
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ApeWithNoFear
· 11h ago
Blackstone's move seems to be about changing tactics; moving over ten billion dollars in three days is quite a feat.
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defi_detective
· 11h ago
Blackstone's move... Moving over a billion dollars worth of BTC in just three days shows how much they are not confident in the current price level. Either they are really reallocating their portfolio, or they are preparing for a major move. In any case, they can't sit still anymore.
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TokenUnlocker
· 11h ago
Blackstone's move is really impressive. Withdrawing so many coins in three days, it's either a prelude to a dump or a transfer of positions. Anyway, it's not a good sign.
Recent on-chain data from a leading trading platform shows an interesting phenomenon. In the past 8 hours, the well-known asset management giant BlackRock withdrew a total of 3,312 Bitcoins (approximately $314 million) and 5,336 Ethereum (about $17.54 million).
To see how active they are, just look at the records from the past three days. BlackRock has cumulatively withdrawn 12,658 Bitcoins (about $1.21 billion) and 9,515 Ethereum (around $31.3 million). Such a large volume of fund outflows somewhat reflects the current institutional investors' movements in the market environment. Large withdrawals often indicate asset transfers or strategic adjustments, which market participants should closely monitor for subsequent market reactions.