BlackRock Dumps $151M ETH, Doubles Down on Bitcoin With $290M Buy

BlackRock shifted its crypto exposure by selling $151M in Ethereum and reallocating $290M into Bitcoin. Yet, the price of both assets still dropped. ETF Flows and Price Action Confirm BlackRock’s Rotation From Ethereum to Bitcoin Arkham data reported the activity first, showing $151.4 million in ETH leaving BlackRock-linked wallets, followed almost immediately by $289.8 million

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