**BlackRock IBIT Fund Large Inflow of 1061 BTC, Institutional Bottom-Fishing Signal Emerges**

According to Arkham on-chain data tracking, BlackRock's spot Bitcoin ETF IBIT recently completed a significant transaction—transferring 1061.173 BTC to a related custody address. Based on the latest price of $93.21K, this transfer amounts to approximately $1.0077 billion.

This large transfer once again demonstrates traditional financial giants' continued accumulation attitude towards Bitcoin assets. As the world's largest asset management company, BlackRock's every move with the IBIT fund can influence market sentiment. With Bitcoin currently trading around $93,000, large institutional-level inflows are often interpreted by the market as a bullish signal.

It is worth noting that such operations by BlackRock typically serve as a barometer for institutional investors. Whenever there is a significant BTC movement, it not only reflects the fund's asset allocation needs but also hints at the recognition of Bitcoin's long-term value by major international asset management institutions. Although the scale of 1061 BTC is small relative to the total global BTC supply, from an institutional decision-making perspective, such a transaction size often carries strategic significance.

With Bitcoin stabilizing above $90,000, actions like BlackRock's are also reinforcing expectations of continuous institutional deployment of digital assets, thereby injecting confidence into the entire market.