Will BlackRock Ethereum Purchase Affect Bitcoin Price? Full Analysis
BlackRock, the world’s largest asset manager, has officially sold off thousands of Bitcoin and made a massive altcoin buy instead. Yes, you read that right—The company dumped 4,100 BTC and bought 27,700 ETH in one clean move.
Source: X
Why would the most powerful institution in finance suddenly switch sides like this? Is this the start of a new bull run—or just smart money buying the dip?
Let’s break down what this BlackRock Ethereum purchase means for the market, the whales, and your portfolio.
BlackRock Ethereum Purchase Sends a Bold Signal to Crypto Market
The BlackRock Ethereum purchase news is taking over the crypto market. It has officially made a major move—selling 4,100 BTC and buying 27,700 ETH. According to a Well-known analyst Ash Crypto, that’s not a small shuffle. It’s a powerful sign of what might come next for the crypto market.
While another expert, Ted, posted proof of $70.2 million ETH ETF inflow in just 24 hours. The message is loud and clear: The company is buying the dip.
Source: Ted X
Has BlackRock Sold Bitcoin to Bet on this Altcoin?
Yes. According to market trackers, it has sold Bitcoin holdings and reallocated into the altcoin. This isn’t just any rebalancing—it’s a bold ETH purchase amid market volatility.
This latest update adds to the firm's altcoin investment signals, pushing new interest even as prices dip. The BlackRock latest news clearly shows where institutional attention is shifting.
ETH Whales Are Buying the Dip Too
A top whale wallet (address 0xfd10) made some huge moves this month, according to lookonchain data:
Source: Lookonchain
Why would a whale buy at a higher price than they sold it? It shows strong belief in this one of the largest altcoins comeback. It’s a clear case of Ethereum whale accumulation.
Ethereum Price Prediction: Can It Recover?
As of now, it is trading around $2,520.02, down 3.79% in 7 days, but volume is rising—$22.83B in the last 24 hours, up over 10%.
if it holds $2,485, we could see a jump to $2,600+ soon. If ETH ETF inflow continues, we might see it back above $2,700 in June. and for the long term Ethereum price prediction still sees potential over $4,000 in the next bull run.
Bitcoin Outlook: Is the Bull Market Over?
While the altcoin shows strong buy action, Bitcoin is in a tricky spot. BTC broke below its previous all-time high on the daily chart, facing rejection.
But the weekly chart is still showing strength. If Bitcoin holds the weekly support, this could be just a normal retest before a new rally.
Some traders believe we’re in a “liquidity-following” phase. According to macro data (Global M2 Supply), the Bitcoin price prediction 2025 is still bullish. One analyst sees BTC hitting $140K by July 26—but only if weekly support holds.
What’s Next After BlackRock’s Ethereum Move?
The BlackRock Ethereum purchase is more than just big news—it may shape the next wave of crypto investment trends. With whales also buying ETH, and ETF inflows rising, we may be at the start of an new rally. But of course, this depends on the wider market and macro sentiment.
Always do your own research—markets can shift fast. This week’s BTC and ETH closes will be key for upcoming predictions.
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