BlackRock withdraws over 10,000 BTC and ETH within 2 days, institutional accumulation signals continue to be released

【Blockchain Rhythm】On-chain data shows that on January 7th, a major asset management firm’s wallet address made a large withdrawal operation within the past 8 hours—withdrawing 3,948 BTC (approximately $367.93 million) and 1,737 ETH (approximately $5.65 million) from a well-known exchange.

What is even more noteworthy is the frequency of this activity. Looking back two days, the same address has cumulatively withdrawn 7,146 BTC (worth $668.38 million) and 6,851 ETH (worth $21.91 million) from the exchange.

Continuous large-scale withdrawals are often interpreted by the market as institutional-level asset rebalancing. Withdrawing digital assets from an exchange usually indicates that the holder plans to hold long-term or transfer to a self-custody wallet. Such actions are often seen by market participants as bullish signals. Especially the ongoing buying and withdrawal activities of mainstream cryptocurrencies like BTC and ETH reflect institutional continued interest in crypto asset allocation.

BTC-0.43%
ETH-2.32%
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HorizonHuntervip
· 6h ago
The bears are still falling endlessly, but big institutions are quietly accumulating. The gap... is really incredible. No, no, no, this rhythm is a bit strange. Over 7,000 BTC in two days? Feels like crazy bottom fishing. Trust me, just hold when you should, don't be led astray by negative emotions. Institutional moves won't deceive us, let's just wait and watch the show. This is the difference between institutions and retail investors. They are stacking coins, while we are watching the K-line. Here we go again, withdrawal = bullish. We've been tired of hearing that... hard to tell if it's true or false. These numbers are a bit scary, directly withdrawing $668 million? Brothers, are you getting on board?
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ColdWalletGuardianvip
· 01-07 00:45
Large-scale accumulation is back, and the black whales are quietly buying again... This rhythm feels a bit familiar. --- I really can't hold it anymore. This move by the institutions is just blatantly telling retail investors "I'm bullish." --- Over 7,000 BTC have been bought in the past two days. This is real money speaking, not just words. --- Another big chunk has been added from the self-custody wallet... The signal for long-term holding is full blast. Can this price still fall? --- By the way, with this withdrawal scale, how many zeros would it be in RMB... Respect to the giant whales. --- Brothers still holding weak hands on the exchange, look at how they operate. --- Every time I see such large withdrawal orders, I know the bear market is about to turn the page.
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GasFeeNightmarevip
· 01-07 00:37
It's the story of institutions hoarding coins again. The data is indeed impressive... but I just want to know how much gas was spent on this withdrawal, and how much did the gwei surpass? Honestly, a transfer of over a billion dollars, the miner tips must be more than my half-year salary.
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MoonBoi42vip
· 01-07 00:24
BlackRock's move is truly remarkable. They withdrew over 7,000 BTC in just two days. What is this telling us?
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CountdownToBrokevip
· 01-07 00:20
BlackRock's move... A billion-dollar level, just mention it and it's done. We retail investors can only watch eagerly from the sidelines. --- Here we go again, the old trick of institutions hoarding coins. Every time they say there's a bullish signal, but we still get cut. --- Over 7,000 Bitcoins disappeared in just two days. How fast must that have been? My wallet can't even keep up. --- Self-custody, long-term holding... I'm tired of these excuses. The real question is whether the price will go up or not. --- So institutions can quietly eat up the chips like this, while retail investors are still discussing in groups. --- Why is it that every time big institutions hoard coins, there's either a pump or a dump afterward? It's a bit speechless. --- A move at the billion-dollar level, and the withdrawal speed on exchanges is surprisingly fast? --- Is this a bullish signal release? Or are they quietly building positions to suck blood?
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