BlackRock signals selling these 2 cryptocurrencies worth $500 million

As the broader cryptocurrency market remains in a consolidation phase, BlackRock, the world’s largest investment management firm, has moved a significant amount of digital assets, signaling potential selling activity. According to data from Arkham, retrieved by Finbold on November 1, BlackRock transferred a total of $506 million in cryptocurrencies. On-chain data shows that roughly 3,496 Bitcoin (BTC), valued at about $384 million, and 31,754 Ethereum (ETH), worth approximately $122 million, were moved to Coinbase Prime. The transactions were traced to wallets linked to BlackRock’s iShares Bitcoin ETF (IBIT) and iShares Ethereum ETF (ETHA) source: https://finbold.com/blackrock-signals-selling-these-2-cryptocurrencies-worth-500-million/