BlackRock just deposited $816m of these 2 cryptocurrencies; Dump incoming?

BlackRock, the leading investment manager, transferred 6,735 Bitcoin (BTC), valued at roughly $616 million, and 64,706 Ethereum (ETH), worth around $200 million, to Coinbase Prime on Wednesday, November 19, according to the latest data Finbold retrieved from on-chain intelligence platform Arkham. The move followed a $513 million Bitcoin dump on Tuesday, which marked the fund’s largest single-day withdrawal since launch.  BlackRock Coinbase Prime activity. Source: Arkham Intelligence While large-scale crypto deposits such as these often trigger market speculation about potential selling pressure, the current activity appears consistent with BlackRock’s standard liquidity and risk management practices source: https://finbold.com/blackrock-just-deposited-816m-of-these-2-cryptocurrencies-dump-incoming/