BlackRock moves again—this time depositing a significant chunk of holdings into major trading infrastructure. The move? 47,463 ETH, valued at approximately $140 million, flowing into a prime brokerage service. The scale of this transaction underscores ongoing institutional appetite for Ethereum, particularly among legacy finance players looking to build serious on-chain positions. When heavyweight institutions like BlackRock shuffle this magnitude of assets, it typically signals either strategic accumulation phases or positioning ahead of broader market moves. The amount alone—north of $140M—makes this the kind of whale-level activity that tends to ripple across trading desks and market sentiment.