Whoa, the whales are moving again.

BlackRock just shuffled a massive 2,196 BTC into a major regulated custody platform—that's over $202 million worth of Bitcoin changing hands in one transaction. This kind of institutional accumulation doesn't happen quietly, and the timing? Pretty interesting given where we are in the cycle.

When these asset management giants make moves like this, it's usually not a short-term play. They're positioning for something bigger. The question isn't if institutions are buying—it's how much more are they planning to stack before the next leg up?