🔥 BlackRock is quietly pumping money into the market…
Today, approximately 44,000 ETH (~135 million USD) has been recorded as deposited, while there hasn't been any new cash flow seen from BTC.
Yesterday, their cash flow was quite clear:
• $BTC : +120 million USD (inflow)
• $ETH : -89 million USD (outflow)
Looking at the capital flow of organizations like BlackRock, it's clear that the game isn't over; they are just shifting between BTC and ETH.
ETHUSDT
Perp
3,084.46
-0.46%
BTCUSDT
Perp
88,547.1
-1.58%