Big event in the crypto world! Just now, a solid piece of news has rocked the crypto sphere: The world's largest asset management giant BlackRock has quietly acquired 3% of the total circulating Bitcoin! Converted to real money, that’s equivalent to at least 210,000 Bitcoins (valued at over $14 billion at current prices), making it one of the largest institutional holders of Bitcoin!
What does 3% of Bitcoin signify? The appetite of the whales is astonishing!
Does the number 3% sound small? That’s because you don’t know how scarce Bitcoin is!
Conversion amount: 210,000 Bitcoins! How many hard drives can that fill?
Priceless: At the current coin price, $14 billion! How many buildings can you buy in Beijing, Shanghai, and Guangzhou?
Percentage of total Bitcoin: The total number of Bitcoins is 21 million, with approximately 19 million currently mined and circulating. BlackRock alone holds 3%, meaning for every 100 circulating Bitcoins, 3 are in its hands! This level of hoarding is fierce!
How aggressive is BlackRock's action? The layout for Bitcoin has been premeditated!
BlackRock is not acting on a whim! Every move is rewriting crypto history:
ETF Pioneer: At the beginning of the year, their Bitcoin spot ETF (IBIT) exploded onto the market upon launch, with funds pouring in crazily, attracting over $100 million daily; currently, their cumulative holdings have exceeded 280,000 BTC!
Personally diving into the market: The recently disclosed 3% holding likely does not include coins in the ETF! This means BlackRock is using its own funds (or its affiliated funds) to buy directly in the secondary market! Double betting, determination overflowing!
Giants take collective action! Is Wall Street 'going long' on Bitcoin?
BlackRock is not fighting alone! Its old rivals are equally eager:
Fidelity: Bitcoin ETF holdings closely follow BlackRock, holding over 170,000 BTC, with the tycoon status as solid as a rock.
ARK Investment, Bitwise, etc.: A number of well-known institutions' ETFs continue to increase their holdings, voting with real money on the future of Bitcoin.
The consensus on Wall Street is becoming clearer: Bitcoin is digital gold, an essential option for future asset allocation! The real money invested by the big players is more persuasive than any hype!
Impact on ordinary people: Understand the trend, don’t fall behind!
Giants hoarding coins, releasing several key signals:
Long-term optimism: BlackRock and others are not looking at tomorrow's ups and downs, but at the big trends five or ten years from now! Their willingness to take large positions indicates extreme optimism about Bitcoin's long-term value.
The competition for liquidity is intensifying: Whales continue to swallow coins, and the quality Bitcoins circulating in the market will become fewer and fewer; 'scarcity is valuable' is an eternal truth.
Volatility ≠ Risk: Institutional entry does not mean only increases without decreases in the short term (the market always has fluctuations), but the upward support in the long direction is getting stronger.
Tycoon summary: Hold onto the spot, patiently await the winds to rise!
BlackRock holding 3% of Bitcoin is like a thunderclap, waking those who are still on the sidelines.
Where the giant whales swim often indicates the flow of wealth in the deep sea.
This is not hype; it is Wall Street writing the future with hundreds of billions in capital! As ordinary investors, there is no need to panic and chase highs, nor should you be scared away by short-term fluctuations. Hold onto your quality assets (especially Bitcoin spot), stay focused, and remain rational.
Bull markets never arrive quietly; when giants like BlackRock have surfaced, we should see the direction of the tide more clearly!
Continuously follow the tycoons, interpret significant news from the crypto space in real-time, cutting through the fog to seize opportunities!
BlackRock devours 3% of Bitcoin? Don’t just watch! Stay close to the tycoons and decode the wealth secrets on the 'whale's dining table'!