$BTC
🚨 WHALE ALERT: BlackRock’s Big Bitcoin Move
Lookonchain reports that BlackRock has deposited 1,703 BTC (~$190M) into Coinbase Prime.
This isn’t just another transfer—when the world’s largest asset manager moves size like this, the market takes notice. Is it a routine shift, or a setup for something bigger? 🤔
🔑 Key Points
Institutional Confidence: As a spot Bitcoin ETF issuer, BlackRock’s activity highlights strong institutional participation.
Liquidity Play: Large deposits to exchanges often suggest upcoming liquidity provision or significant trades.
Next Move? Watch whether these coins are pulled back to cold storage or left on exchange wallets.
The message is clear: giants aren’t sitting on the sidelines—they’re steering the market.
DYOR. Not financial advice.
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