🚨 BlackRock's $450M+ Move! Buying or Selling? 🤔 #BTCVolatility

​BlackRock has just deposited $350 Million in BTC and $117 Million in ETH to Coinbase. 🤯

​There are two main theories circulating in the market regarding this:

​1️⃣ Preparation for Selling: Depositing funds to an exchange is usually a sign of potential selling pressure.

2️⃣ ETF Rebalancing: This could simply be routine custody management for their ETFs (IBIT/ETHA).

​What will be the market's next move? Pump 🚀 or Dump 📉? $BTC $ETH

Let us know in the #comments 👇

BTC

83,867.93

+0.41%

ETH

2,720.76

-0.47%