Recently, I’ve been keeping an eye on BlackRock’s on-chain moves—on December 3rd, they dumped 44,140 ETH onto a certain compliant platform, but the very next day they withdrew 16,930 ETH and 153 BTC.
This operation looks like a tentative sell-off that didn’t find buyers, so they simply pulled back for now. In the short term, this wave of institutional selling pressure may have subsided temporarily; at least on BlackRock’s side, it seems like they aren’t able to sell much for now.
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PaperHandsCriminal
· 13h ago
BlackRock's move this time is really impressive. They went all in and backed off, looking like they're just testing the waters haha
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NFTArchaeologis
· 13h ago
BlackRock's move is basically an on-chain "touchstone" experiment. Putting money in and pulling it out again, like handling an antique before deciding whether to buy it — you need to feel the texture first. The market didn't take the bait, which actually indicates something...
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EntryPositionAnalyst
· 12-10 02:23
BlackRock’s moves this time are really interesting. Even after dumping so much, they still can’t move the market... Looks like institutions aren’t as invincible as we thought.
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BridgeJumper
· 12-09 21:50
BlackRock's move this time is pretty funny—they dumped in, then instantly pulled out. It's like they placed a test order, didn't get a fill, and just gave up right away.
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SilentObserver
· 12-09 21:31
BlackRock's move this time was indeed bold—they dumped so much but still found no buyers, so they pulled back directly. This shows the market isn't really buying it either.
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ProveMyZK
· 12-09 21:31
BlackRock's move this time was truly impressive. They dumped over 40,000 ETH and the price didn't even budge. Then they just pulled back right after—what a strong mentality they must have, haha.
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AirdropBuffet
· 12-09 21:29
BlackRock's move this time is honestly a bit funny. They dumped so much, yet no one picked up the slack, so they just pulled out right after... It seems institutions aren't as capable of crashing the market as we imagined.
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PumpAnalyst
· 12-09 21:21
BlackRock’s move this time, to put it bluntly, is just a test of the waters that didn’t go well—they chickened out.
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If they can’t sell, they have to pull back. Institutions have their own difficulties too.
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That’s why I say the short-term support level can still hold. Don’t get scared out of your positions.
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Wait, 16,930 ETH just got withdrawn in the opposite direction? Is this really not laying the groundwork for the next pump?
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Looking at the technicals, this wave of selling has indeed taken a breather, but you still need to watch out for a rug pull.
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Ha, even BlackRock is chickening out. That shows the market can’t absorb it right now—short-term stability.
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I just want to ask, is this a bottoming signal or the prelude to another round of dumping?
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Reduced selling pressure is good, but don’t get too happy too soon. The whales are always smarter than you.
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This move is actually pretty interesting. At the very least, it shows institutions are also probing for the bottom. You can’t go wrong following their rhythm.
Recently, I’ve been keeping an eye on BlackRock’s on-chain moves—on December 3rd, they dumped 44,140 ETH onto a certain compliant platform, but the very next day they withdrew 16,930 ETH and 153 BTC.
This operation looks like a tentative sell-off that didn’t find buyers, so they simply pulled back for now. In the short term, this wave of institutional selling pressure may have subsided temporarily; at least on BlackRock’s side, it seems like they aren’t able to sell much for now.