BlackRock-related wallets have added fresh $BTC and $ETH to exchanges within the last 30 minutes, reflecting continued risk-off sentiment from Web2 investors

BTC
BTCUSDT
87,454.6
+0.21%

Key figures:

  • 2,256.53 $BTC (~$197.63M) deposited

  • 74,973 $ETH (~$220M) deposite

Interpretation

Large exchange deposits typically increase near-term sell-side pressure, especially during fragile market conditions.

This flow suggests institutions remain cautious, preferring liquidity and optionality rather than aggressive accumulation right now.

ETH
ETHUSDT
2,922.2
-0.40%

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