[BlockBeats] On-chain data from December 5 shows that BlackRock-related addresses have made significant moves.
This time, the transfer was substantial: 1,385 BTC were sent directly to a leading exchange, amounting to approximately $126.3 million at the time. Additionally, 799 ETH, worth around $2.5 million, were also transferred.
Transfers of this scale typically attract market attention. As a giant in traditional finance, every on-chain operation by BlackRock may hint at institutional trends. However, whether this is a portfolio rebalancing or some other operation is still unclear; we’ll need to keep monitoring future developments.
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BearMarketMonk
· 18h ago
BlackRock is stirring things up again, this time making a move at the $120 million level—really keeping the market in suspense.
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IfIWereOnChain
· 18h ago
BlackRock is really aggressive this time, moving $120 million without hesitation. We need to keep a close eye on what happens next.
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FOMOSapien
· 18h ago
BlackRock’s move this time is really impressive—over $120 million transferred just like that. I just want to know whether they’re buying the dip or cutting their losses.
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TokenStorm
· 18h ago
Based on BlackRock’s recent moves, I’ve calculated the technical backtest data. This transfer pattern has occurred twice in the past 72 hours, and each time there was significant volatility afterward. Of course, I definitely can’t give investment advice.
Transferring to an exchange is interesting—the key is whether it’s for allocation or reducing positions. That’s where the eye of the storm is.
A volume of $120 million is enough to stir things up, but to be honest, on-chain data shows that when these whales are active, us retail investors have to brace ourselves to get harvested again. I’ve seen through it already.
I wonder how much the miner fee was for this transfer. Never really thought about it—feels like I’m missing something.
What is BlackRock planning lately? There’s always some arbitrage opportunity when institutions make moves like this, but unfortunately, it’s never our turn.
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DegenDreamer
· 18h ago
Damn, BlackRock is up to something again. They just dumped 120 million directly onto the exchange. Are they about to make a move or increasing their position?
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DefiSecurityGuard
· 18h ago
ngl, that's a lot of btc moving to an exchange but... which one exactly? 👀 could be rebalancing, could be something else entirely. need to dig into the wallet history before drawing conclusions tbh
BlackRock address transfers over $120 million in BTC—this move is quite interesting
[BlockBeats] On-chain data from December 5 shows that BlackRock-related addresses have made significant moves.
This time, the transfer was substantial: 1,385 BTC were sent directly to a leading exchange, amounting to approximately $126.3 million at the time. Additionally, 799 ETH, worth around $2.5 million, were also transferred.
Transfers of this scale typically attract market attention. As a giant in traditional finance, every on-chain operation by BlackRock may hint at institutional trends. However, whether this is a portfolio rebalancing or some other operation is still unclear; we’ll need to keep monitoring future developments.