BlackRock receives a one-time total of 567 BTC and over 7,000 ETH; institutional giants continue to expand their crypto holdings

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【CryptoWorld】On-chain data shows that the globally renowned asset management giant BlackRock recently received a large amount of crypto assets on a compliant custody platform. Specifically, a one-time deposit of 567.25 BTC, valued at approximately $49.28 million at current prices; and also received 7,558 ETH, with a market value of about $22.76 million.

This transaction is significant. According to data from on-chain analysis tools, such large transfers by institutional investors usually indicate adjustments in their holdings strategy. As the world’s largest asset management company, BlackRock’s moves in Bitcoin and Ethereum have always been a focus of market attention.

It is worth noting that such transfers on custody platforms often reflect long-term allocation needs at the institutional level. Compared to the frequent fluctuations of retail traders, changes in large institutions’ holdings can better reveal the deeper logic of the market. The subsequent destination and holding duration of these assets may influence price expectations for Bitcoin and Ethereum.

BTC-0.4%
ETH-0.87%
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ApyWhisperervip
· 12-18 15:29
Blackstone's move is so hardcore; retail investors should start buying the dip now, right?
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PuzzledScholarvip
· 12-15 17:47
Damn, BlackRock is stockpiling again. This pace is really hard to predict.
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PrivacyMaximalistvip
· 12-15 17:44
Major institutions have really entered the market. This time it's not just a tentative buy. Retail investors are still debating whether prices will go up or down, while they are already allocating funds in the hundreds of millions of dollars. BlackRock's move suggests that there might be some real potential in the upcoming market trend.
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BearMarketGardenervip
· 12-15 17:41
The taste of big institutions accumulating is getting stronger, while retail investors are still fleeing.
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ContractExplorervip
· 12-15 17:40
BlackRock's move, huh? This is no joke... Institutions are really starting to heavily accumulate. --- Here we go again. When big players move, the market follows with excitement, while retail investors are still debating ups and downs. --- Nearly 7,000 ETH swallowed in one bite. Is this confidence or what? --- So retail investors keep getting cut, while big institutions steadily allocate. The game rules have always been like this. --- 567 BTC directly deposited for custody, the signal for long-term holding is very clear. --- It's really institutions playing chess, and we're just watching the show. --- What does this data indicate? It just means prices will rise next, or is BlackRock just bored and eating well? --- Alright, once again confirming—rich people are just being willful.
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