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Alizay_khan

BlackRock just deposited 7,432 $BTC($446M) to Coinbase Prime.


This is #BlackRock's largest single-day net $BTC outflow ever.
BTC0.98%
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Wax-SealedPrivateKey
· 11h ago
Coinbase Prime has taken on so much that liquidity is no issue. But with a move of BlackRock's caliber, the market is bound to overinterpret—I'll grab a seat and watch the show.
View OriginalReply0
OrigamiVolcano
· 11h ago
Just saw the data, 7432 BTC... That kind of volume is only for institutions, retail investors can just watch the show. The key is the trend over the next few days.
View OriginalReply0
MoonlightMineralWater
· 12h ago
The largest single-day net outflow in history, what is Blackstone up to? Switching custodians? Or client redemption pressure? Feels like there's more to the story.
View OriginalReply0
ProtocolPicnic
· 12h ago
BlackRock's move is quite interesting. The largest single-day outflow in history—could it be portfolio rebalancing?
View OriginalReply0
MountainShadowsBeforeTheStorm
· 13h ago
446M outflow, institutional moves hit different. Wonder if they're rebalancing or just taking some chips off the table.
Reply0

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