【Viewpoint: BlackRock May Sell $50.6 Billion Worth of Bitcoin and Ethereum】 According to a report by Golden Financial and Digital Asset, BlackRock transferred $366 million worth of BTC and ETH to the virtual asset exchange Coinbase, suggesting a potential large-scale sell-off. According to LookOnChain data, BlackRock transferred 1,885 Bitcoins and 59,606 Ethereums to Coinbase Prime on August 21, totaling $366 million. The market has differing interpretations of BlackRock's asset transfer. Some analysts believe this may be a simple portfolio rebalancing, while others think it may reflect weakened sentiment among institutional investors. BlackRock's large-scale virtual asset transfer has intensified market anxiety, especially in the context of Federal Reserve Chairman Jerome Powell's upcoming speech. According to CoinMarketCap data, on August 22, the trading price of Bitcoin was $112,975.31, down 0.61% from the previous day; the trading price of Ethereum was $4,280.45, down 0.22%.

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