$BTC BLACKROCK JUST DUMPED 4,917 BTC ON COINBASE 💰
BlackRock ETF deposited another 4,917 BTC into Coinbase yesterday — worth roughly $301M. Over the past 4 days, they've moved 20,359 BTC total, about $1.22B hitting the exchange.
That's a lot of supply hitting the order books in a short window. But remember — ETF deposits can go either way. Some see it as selling pressure, others as custodial reshuffling. The market is absorbing it without a breakdown so far.
Would you be taking bids below $60K or watching from the sidelines?
Not financial advice. Always manage your risk.
#BTC #ETFInflows #CryptoMarket #OnChainData
🔥
BlackRock ETF deposited another 4,917 BTC into Coinbase yesterday — worth roughly $301M. Over the past 4 days, they've moved 20,359 BTC total, about $1.22B hitting the exchange.
That's a lot of supply hitting the order books in a short window. But remember — ETF deposits can go either way. Some see it as selling pressure, others as custodial reshuffling. The market is absorbing it without a breakdown so far.
Would you be taking bids below $60K or watching from the sidelines?
Not financial advice. Always manage your risk.
#BTC #ETFInflows #CryptoMarket #OnChainData
🔥