BlackRock makes a big move: deposits 2,292 BTC and nearly 10,000 ETH at once

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【Blockchain Rhythm】According to on-chain data monitoring service provider Onchain Lens, on December 24th, BlackRock made another significant asset move—depositing a total of 2,292 Bitcoins (approximately $199.8 million) and 9,976 Ethereum (approximately $29.23 million) into a leading compliant trading platform.

From the on-chain transfer path, this large deposit has attracted market attention. As one of the world’s largest asset management firms, every move by BlackRock is seen as a signal of institutional entry. This one-time deposit of nearly $300 million in assets reflects that institutional enthusiasm for mainstream cryptocurrencies continues.

Some analysts pointed out that changes in institutional investors’ holdings often indicate market participants’ outlook for the future. Such large transfer data also serve as important reference indicators for many on-chain analysts and retail investors in judging market direction.

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SchroedingersFrontrunvip
· 8h ago
BlackRock is stockpiling again, this pace really can't be sustained --- Almost $300 million poured in, is it a bottom-fishing move or insider information? --- Honestly, watching BlackRock's actions is more useful than looking at candlestick charts --- Big institutions are moving, so retail investors can only watch dust settle --- This recharge scale is quite aggressive, is a year-end rally coming? --- Starting to track Black Whale's every move again, hilarious --- I really don't know if they are optimistic or just harvesting, but following the trend is definitely the right move --- $300 million, if it were me with this spare cash, I would have gone all in already --- With such transparent on-chain data, do institutions still have privacy? --- BlackRock's move suggests a takeoff next year --- Both recharging and monitoring, really treating this like a marketplace
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HalfIsEmptyvip
· 8h ago
BlackRock's move... truly ruthless, throwing 300 million just like that. Are they really not afraid of a dip? With institutions entering, do retail investors still have a chance? This wave is likely to push the market up again. By the way, what is this implying? Or is it just a simple allocation? It feels like every time there's a big capital move, we're always the last to react. Laugh out loud. But will nearly 300 million really change the situation? It seems just like that. Once BlackRock makes a move, other asset management giants will have to follow. Things are getting lively now. This amount of money is just a drop in the bucket for them, yet their reactions are so intense. Here we go again, signals favoring Bitcoin. Just waiting for us to take the plunge.
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LiquidityWizardvip
· 8h ago
BlackRock is stockpiling again, this time directly investing 300 million yuan. It seems that big institutions still have confidence in the market outlook. Institutional bottom-fishing is always faster than us; following the trend still carries risks. Going to follow the big players again. When can we make our own judgments... This pace, a sprint towards the end of the year. How high can it go? With nearly 300 million yuan in quota, anyone would take it seriously. Is this another trap to lure in more buyers? Something feels off. BlackRock's move this time, can retail investors still make gains? Having invested so much, is the bullish trend secure for the future?
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