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BlackRock large transfer observation: 635 BTC and 30,000 ETH flow to leading exchanges
【BitPush】According to data from the on-chain monitoring platform Onchain Lens, BlackRock recently transferred 635.16 BTC and 30,827.68 ETH to a major exchange. This move has attracted market attention—many analysts suggest that this may just be the first step in BlackRock’s deposit plan, with the possibility of further transfers in the future.
On-chain activity by institutional investors has always been a market indicator. As one of the world’s largest asset management firms, BlackRock’s crypto asset allocation strategy often signals a shift in market sentiment. This large transfer could indicate that institutions are preparing for further trading or position adjustments.