BlackRock-related wallets have added fresh $BTC and $ETH to exchanges within the last 30 minutes, reflecting continued risk-off sentiment from Web2 investors
BTCUSDT
Prep
86,406.4
-1.08%
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.
ETHUSDT
Prep
2,850.45
-2.65%
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