Breaking! BlackRock's BTC Holdings Surpass 400,000, $2.3 Billion Crazy Accumulation, Is This the Signal for the Bitcoin Bull Market?
On October 27, according to official data from iShares, the world's largest asset management giant BlackRock's Bitcoin holdings have soared to an astonishing 403,725 coins, with a market value of approximately $26.98 billion. In just the past two weeks, BlackRock has added 34,085 Bitcoins, totaling a value of $2.3 billion—this move has attracted strong attention from the market.
Why is BlackRock making such a 'big bet' on Bitcoin? This is not only a super buying signal for the crypto market but also seems like a clear stance from giant traditional financial capital—they not only have confidence in Bitcoin's long-term value but also likely believe that the next major surge is imminent. As a leader in the asset management field, BlackRock's flow of funds has always been a market barometer.
Will this aggressive increase in holdings drive a new upward trend for Bitcoin? Has the bull market horn sounded? Let's wait and see. Stay tuned with us for the latest market trends and unique insights!
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