【BlackRock's Huge Transfer, Fund Movement Attracts Attention】

According to Lookonchain monitoring, one of the world's largest asset management companies, BlackRock, transferred 1,885 BTC (approximately $112 million) and 59,606 ETH (approximately $254 million) to Coinbase Prime 4 hours ago.

⚖️ As an institutional custody and trading platform, Coinbase Prime is often used as a channel for large trades and institutional reallocations. Such a large-scale transfer may indicate:

1️⃣ Fund subscription and redemption operations for ETF products

2️⃣ Large reallocations by institutions in the secondary market

3️⃣ Or to provide liquidity for future large buy and sell transactions

📊 The current market is in a sensitive phase, and BlackRock's fund flow is undoubtedly one of the signals that investors are focusing on.

Do you think this is a preparation for buying or a sign of selling pressure?💭