EyeOnChain
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Bearish
BlackRock Breaks Silence: First Major BTC Sell Move in Over a Month
After a month-long buying spree, #blackRock just made its first move to sell. Four hours ago, the asset management giant #deposited 4,113 $BTC , worth approximately $429.4 million, to Coinbase Prime.
This sudden shift comes from their known wallet:
bc1qzvm6ftptkcxp0r0kwnpnt6gkg6gaalx8nqv854
It’s a significant pivot for one of the most closely watched institutional players in the crypto space — and the market is already buzzing. Is this a strategic offload? A signal of broader sentiment? Or just a temporary reshuffling?
Whatever the reason, when BlackRock moves, the market listens.
After a month-long buying spree, #blackRock just made its first move to sell. Four hours ago, the asset management giant #deposited 4,113 $BTC , worth approximately $429.4 million, to Coinbase Prime.
This sudden shift comes from their known wallet:
bc1qzvm6ftptkcxp0r0kwnpnt6gkg6gaalx8nqv854
It’s a significant pivot for one of the most closely watched institutional players in the crypto space — and the market is already buzzing. Is this a strategic offload? A signal of broader sentiment? Or just a temporary reshuffling?
Whatever the reason, when BlackRock moves, the market listens.
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