2025-12-23 08:29:21

Global asset management giants dumped 17.64 million dollars into the crypto market at midnight. The logic behind this action is much more interesting than the number itself.

On-chain data doesn't lie. In the early hours of December 23 this year, an address belonging to BlackRock suddenly increased its holdings by 4,534 ETH and 45.379 BTC. While this may seem like a routine operation, they are using their Bitcoin spot ETF (IBIT) and Ethereum spot ETF (ETHA) as legitimate channels. This is not retail speculation; this is a clear move by institutions.

Once the news broke, the entire community began to ponder: with such a substantial increase in holdings, what exactly are they trying to convey? This is no longer just a simple buying and selling transaction; it feels more like voting with real money—voting for confidence in the future market.

**The Rules of the Giants**

BlackRock's recent operation is textbook-level; the focus is not on "how much to buy" but on "how to buy." By using its own spot ETF to complete all purchases, it has avoided the complications of direct custody and bypassed tax issues. This approach is the true skill of institutional players.

From the data, the increase in holdings for ETH (approximately 13.62 million USD) is clearly stronger than the investment in BTC. This allocation choice is quite interesting and reflects the institutions' long-term optimism towards the Ethereum ecosystem and application layer. From a positioning perspective, this precise investment approach reveals that institutions already have a clear strategic mindset, rather than blindly following trends.

What is behind this? It may be a continued optimism about the prospects of encryption assets, or it could be a way to pave the way for larger scale layouts in the future. In any case, when decision-makers in traditional finance start to increase their efforts this way, the cognitive gap between retail investors and institutions becomes apparent.

ETH0.11%

BTC-0.2%

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ConsensusDissenter

· 12-23 08:59

What does BlackRock buying coins at midnight indicate? It just suggests that retail investors should buy the dip. ETH is being bought more aggressively than BTC, I don't understand this logic. The effort institutions put into "how to buy" is much more interesting than the numbers themselves, really. Dumping 17.64 million is like playing a game, how much do we need to save to be at the same level as them? In simple terms, it's the game rules of the rich, we will always be chasing from behind. Is BlackRock's operation textbook-level? I see it as just paving the way for big moves behind. Why choose a Spot ETF? Isn't it just to make tax avoidance easier? Institutions really know how to play. The cognitive gap between retail investors and institutions is laid out on the table, but what can we do? We can only follow the trend.

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GasFeeSobber

· 12-23 08:59

BlackRock's recent ETH allocation is heavier than BTC, I knew the subsequent ecological application drama was about to come.

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New_Ser_Ngmi

· 12-23 08:51

BlackRock is splashing cash at night, it seems like it's really coming --- With such a large allocation to ETH, is the Ethereum ecosystem really about to take off? --- The institutions' methods are incredible, directly using ETFs to avoid risks, while we retail investors are still entangled in tax issues, haha --- 17.64 million sounds like a lot, but this is just a tentative move, right? There's more drama to come --- Something feels off, why choose this timing? Is there any significance to operating in the early morning? --- Wait a minute, is this really optimistic about the future market or just a smokescreen before playing people for suckers? --- The giants' precise choice of ETH indicates that there are indeed opportunities in the Application Layer, while retail investors are still guessing.

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LayerZeroHero

· 12-23 08:50

It turns out that the giants' operation through the ETF channel is the real technical validation... the increase in ETH holdings is even greater, and I need to delve deeper into the architectural thinking of this protocol.

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OnchainDetective

· 12-23 08:38

Wait, they dumped 17.64 million in the early morning? The timing chosen... According to on-chain data, BlackRock's operation this time avoided custody and tax evasion techniques that are indeed textbook level, but why specifically at midnight? Clearly, they want to keep a low profile. The allocation to ETH is so much more aggressive than BTC; I need to sort out the logic behind this further. --- BlackRock's method is too seasoned; they directly use Spot ETF to bypass all troubles, seemingly simple but actually calculated. The key question is why they are so aggressive with ETH; the information revealed by this allocation choice is far more valuable than the 17.64 million itself. --- Suddenly increasing their stake in the early morning, using this ETF combo... this is not a random operation; institutions have long calculated how to proceed. I actually want to delve deeper into the logic behind the strong support for ETH. --- On-chain data shows that all of this can be traced. BlackRock chose midnight, used Spot ETF, precise allocation... every detail points in one direction — this is a premeditated game. --- Honestly, what’s most worth paying attention to in this operation is not the amount, but what they are laying out. The level of importance placed on ETH is so high that there will definitely be further actions.

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