Ah, BlackRock. The corporate equivalent of that one friend who leaves a party right when things get fun. Despite Ethereum doing its best “look at me, I’m rising again” dance, they’ve decided to sell. Because why not? 🤷♀️
On-chain nerds at Lookonchain spotted another massive Ethereum deposit from the firm-basically BlackRock shouting “I’m still in charge” in blockchain code.
On Wednesday, December 3, they moved 44,140 ETH-roughly $135.36 million-to Coinbase Prime. That’s right, in FOUR rounds of 10,000 ETH and one awkwardly specific 4,140 ETH. Somebody clearly likes round numbers… mostly. 😬
The crypto Twitterati are buzzing, and yes, it’s basically the same story we’ve been watching for a month: BlackRock’s Ethereum ETF wallet is like that relentless ex who just can’t let go. 💔
BlackRock keeps the party favors coming
Remember how everyone assumed BlackRock’s selling spree was because November was a crypto dumpster fire? Surprise! They’re still at it, even with Ethereum climbing back to $3,100 like a phoenix with a caffeine addiction. ☕🔥
This continued spree totally demolishes the idea that they were just hedging against a market rally. Nope. They’re depositing and selling faster than you can say “ETF rebalancing.”
So, is it strategic genius, profit-taking, or just “we like chaos” vibes? Nobody knows, and that’s the fun part. The speculation soup just keeps simmering. 🍲😏
Read More
- Spotting the Loops in Autonomous Systems
- Seeing Through the Lies: A New Approach to Detecting Image Forgeries
- 20 Best TV Shows Featuring All-White Casts You Should See
- Julia Roberts, 58, Turns Heads With Sexy Plunging Dress at the Golden Globes
- Staying Ahead of the Fakes: A New Approach to Detecting AI-Generated Images
- The Glitch in the Machine: Spotting AI-Generated Images Beyond the Obvious
- The Best Directors of 2025
- Gold Rate Forecast
- Palantir and Tesla: A Tale of Two Stocks
- How to rank up with Tuvalkane – Soulframe
2025-12-03 22:23