Odaily Planet Daily reports, according to Lookonchain monitoring, BlackRock has been heavily purchasing Bitcoin and ETH for eight consecutive trading days, accumulating a total of 27,700 BTC worth $2.2 billion and 385,600 ETH worth $961 million.
BlackRock purchases 27,700 BTC and 385,600 ETH over eight consecutive trading days.
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Summary
BlackRock has accumulated 27,700 BTC and 385,600 ETH over eight consecutive trading days, valued at $2.2 billion and $961 million, according to Lookonchain. The buying pattern indicates a focus on key support and resistance levels. Traders are analyzing this movement for potential shifts in the risk-to-reward ratio for long-term positions.
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