#密码资产动态追踪 BlackRock makes a big sell-off of Ethereum, how will the market move?

The recent news has sparked a lot of speculation in the crypto community—BlackRock, the world's largest asset management firm, has recently sold over $107 million worth of Ethereum in one go. In other words, about 35,000 ETH suddenly flooded the market.

Why is this so eye-catching? BlackRock is not a small retail investor; its Bitcoin spot ETF has caused quite a stir worldwide. Now, suddenly significantly reducing its Ethereum holdings—there must be something behind this worth investigating.

From a market perspective, such a large-scale institutional sell-off will directly impact liquidity. Historical experience tells us that large dumps like this often trigger price volatility—sometimes even causing chain reactions.

Why is BlackRock doing this? There are a few possible reasons:

**Rebalancing**—Institutions regularly rebalance their portfolios; this doesn't necessarily mean they are bearish.

**Changing outlook**—Reevaluating the long-term prospects of Ethereum, possibly adjusting expectations.

**Funding needs**—Short-term cash requirements forcing them to liquidate some positions.

With the current uncertainty in Federal Reserve policies and market sentiment being quite sensitive, such moves by institutions are often interpreted as signals of direction.

The next question becomes very practical: Is this a bottoming opportunity, or should we continue to wait and see? Will Ethereum continue to weaken under selling pressure, or will it rebound after digesting the negative news? These all need to be judged in conjunction with subsequent market developments.

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