The world's largest asset management company, BlackRock, has once again transferred $135 million worth of Ethereum to a cryptocurrency exchange.
In the past week, the most closely watched event in the cryptocurrency market has been the frequent movements of on-chain whales. According to blockchain data monitoring, on December 3, 2025, the world's largest asset management company, BlackRock, deposited 44,140 Ethereum, worth approximately $135.36 million.
Just a month ago, the same operation had already been repeated multiple times. On November 4, BlackRock transferred over $290 million worth of Bitcoin and Ethereum; on November 17, the company again deposited approximately $470 million worth of Bitcoin and $176 million worth of Ethereum. The first two transfers coincided with a period of sharp declines and liquidity stress in the crypto market, and their movements were seen by the market as reinforcing bearish signals and exacerbating market fluctuations.
