BlackRock Buys $970M in Bitcoin While Major Funds Sell
BlackRock has stepped in with a massive $970 million BTC purchase. Blockchain analytics platform Arkham revealed the movement using visual chain analysis that highlights wallet clustering and transaction flows.
This divergence in institutional positioning could signal a deeper strategic play by BlackRock, suggesting long-term confidence in Bitcoins trajectory despite short-term volatility or profit-taking by other funds.
The visualization shared by Arkham reinforces how institutional flows are reshaping on-chain dynamics, underscoring the growing sophistication in crypto capital deployment.
FIDELITY SOLD
ARK SOLD
GRAYSCALE SOLDBUT BLACKROCK BOUGHT $970 MILLION USD OF $BTC pic.twitter.com/mr1XrcH3NM
Arkham (@arkham) April 29, 2025
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