BlackRock Moves $642M in Crypto – Are They Running for Cover? 🤔

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BlackRock Just Flipped the Crypto Script! 🚀 Or Is They Fleeing?!

So there’s this big shot, BlackRock, right? The “leading asset manager” – sounds fancy, until you realize they’re just scooping up a ton of Bitcoin and Ethereum faster than I can order a bagel. Bagel

Monday, November 17th – boom! Lookonchain blabs that BlackRock deposits a giant pile of 4,880 BTC and 54,730 ETH into Coinbase Prime. And if you don’t know, that’s like waving a giant neon sign that says, “Hey, we’re gonna sell everything!” Yes Sign

BlackRock deposited 4,880 $BTC($467.16M) and 54,730 $ETH($175.93M) to #CoinbasePrime an hour ago. – Lookonchain (@lookonchain) November 17, 2025

No official word from BlackRock, of course. They’re probably busy pretending they’re doing something “strategic” instead of just freaking out. Market folks are saying, “Eh, maybe they’re selling.” Thanks, Captain Obvious. It’s about as subtle as a brick to the face. Brick

They moved over $642 million worth of crypto, and I gotta tell ya – it kinda looks like someone’s dumping their groceries after seeing the price tag. BlackRock, the once-heroic crypto hoarder, now just moving assets like they’re preparing for a garage sale. 😅

Is BlackRock Panick-Selling? Or Just a Cunning Plan? 🤨

These latest moves come at a time when Bitcoin and Ethereum are hanging out in the deep red, and everyone’s losing their minds. Red Face

Prices have tanked, Bitcoin cheerfully slid below $100,000 (boy, those were the days, huh?), and Ethereum’s doing its high-wire act at around $3,100 again. And BlackRock? Oh, they’re just dumping like it’s hot, which, frankly, looks more like a panic attack disguised as a clever move.

Experts say, “This isn’t just rebalancing.” No, no, it looks like they’re trying to bail out before the whole thing turns into a total disaster. AKA: panic-selling. And what happens next? Well, you know the drill: more panic, more selling. It’s like a dominoes game, but backwards. Dominoes Falling

So, sit tight, folks. Looks like the crypto rollercoaster just got a new twist – and it’s not looking pretty. 🤷‍♂️

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2025-11-17 20:46