On-chain data tracking shows that BlackRock has made large withdrawals from a compliant trading platform in the past 8 hours: a one-time withdrawal of 3,312 BTC (worth approximately $314 million) and 5,336 ETH (worth approximately $15.54 million).



What’s even more noteworthy is the underlying position movement—this global asset management giant has accumulated a total withdrawal of 12,658 BTC (about $1.21 billion) and 9,515 ETH (about $31.3 million) over three consecutive days.

Such actions by large institutions usually indicate two possibilities: either they are preparing for their spot ETF products or they are increasing self-custodied assets due to optimism about the market’s future performance. Based on BlackRock’s frequent withdrawal pace, institutional players’ interest in BTC and ETH is clearly heating up. These large on-chain transfers often reflect the true expectations of market participants in advance.
BTC0,35%
ETH1,26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BridgeTrustFundvip
· 18h ago
The big whale is moving. Is this really the moment to take off? A billion dollars worth of BTC is pouring in—either ETF is about to start bleeding again, or Black is really optimistic about the market ahead... Anyway, following the trend is always the right move. Institutions are making their move; retail investors still need to learn from them.
View OriginalReply0
BlockchainFriesvip
· 18h ago
Blackstone's move is quite aggressive; over three consecutive days, more than 12,000 BTC have been withdrawn... But on the other hand, is this really accumulation or just routine operation?
View OriginalReply0
AirdropHunterXMvip
· 18h ago
The big whale is stacking coins again, and this time it seems to be for real.
View OriginalReply0
PortfolioAlertvip
· 19h ago
The big players are moving, and the pace is a bit rapid... 1.2 billion USD worth of BTC was transferred out in just three days?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)