Oh, whatâs this? BlackRock just casually deposited a cool $383,900,000 worth of Bitcoin to Coinbase Prime. Yep, you read that right, $383 MILLION. And just to keep things spicy, they tossed in about $122 million worth of Ethereum too. Because why not? đ
BlackRock’s Bitcoin Moves: Is Someone About to Panic Sell? đ€·ââïž
Now, Coinbase Prime isnât just your average crypto exchange-itâs where big, fancy institutional investors do their thing. We’re talking custody, trading, all that jazz. So when BlackRock shoves a massive pile of Bitcoin onto Coinbase, some folks start sweating. Could they be setting us all up for a sell-off? đ
Conspiracy theory time: maybe BlackRock knows something we donât? Is this a sign that theyâre about to dump all their Bitcoin on us unsuspecting retail traders? Or maybe theyâre just in the mood to make some waves. Only time will tell, folks. đ”ïžââïž
BlackRock deposited 3,496 $BTC($384M) and 31,754 $ETH($122M) to #CoinbasePrime 3 hours ago.
– Lookonchain (@lookonchain) October 31, 2025
Donât panic though. BlackRock hasnât sold a single Satoshi yet. These could be regular custodial moves or just some routine operational stuff. You know, asset managers like to keep things running smoothly-maybe just moving coins around for audits, liquidity, or who knows what else. đ
But, like a soap opera, the plot thickens. Investors are watching this move with bated breath. Could this massive transfer stir up the market? Maybe. Will it send us all into a crypto frenzy? Also maybe. đ€
Letâs face it: October has been a rollercoaster for crypto, thanks to some global drama in the economy. With tensions high, everyoneâs just trying to avoid getting caught holding the bag when things go south. The big question now: will BlackRockâs deposit make Bitcoin prices drop? đ±
And hereâs a little dĂ©jĂ vu for you-just 10 days ago, BlackRock did this exact thing. A deposit of 2,854 BTC ($314 million). Is this starting to look like a pattern? Investors are certainly wondering. Letâs all hold our breath and see if this turns into an episode of ‘BlackRock’s Big Crypto Show.’ đș
Bitcoin’s Big Leap or A Trap? Traders Brace for a $112,600 Drama! đ
Despite the BlackRock drama, Bitcoinâs not exactly lying down. Itâs up 2.05% in the last 24 hours, trading at $110,564.53. But hold on-this price came after a little jump from $106,376.69. So, is this the start of a glorious rally or just a blip on the radar? đ€·ââïž
Hereâs the kicker: trading volume is actually down 17.37%. So while Bitcoinâs price is getting all the attention, not as many people are trading. Could it be that the BlackRock shuffle has got people a little… cautious? đ€
And just when you thought it couldnât get any juicier, if Bitcoin hits $112,600, we might see a MASSIVE liquidation. Short traders, brace yourselves. If Bitcoin keeps climbing, it could be a bloodbath. đ„
As October wraps up (thankfully), traders are gearing up to see what November holds. Will Bitcoin keep on its merry way? Or will it crash down like a bad date? Time will tell. đŹ
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2025-10-31 20:04