BlackRock's ETF address recently made a large purchase of 2,400 BTC and 24,760 ETH from a major exchange, with a total value approaching $294 million. It seems that institutions are continuously deploying, but the exchange remains in a negative premium state, which is quite awkward😂. Large capital inflows, yet the price hasn't risen, making this situation quite frustrating. Is it that the market's absorption capacity can't keep up, or are other factors at play? It's worth monitoring.

BTC1,66%
ETH2,15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)