BlackRock signals selling these 2 cryptocurrencies worth $500 million

As the broader cryptocurrency market remains in a consolidation phase, BlackRock , the world’s largest investment management firm, has moved a significant amount of digital assets, signaling potential selling ￰0￱ to data from Arkham , retrieved by Finbold on November 1, BlackRock transferred a total of $506 million in cryptocurrencies. On-chain data shows that roughly 3,496 Bitcoin ( BTC ), valued at about $384 million, and 31,754 Ethereum ( ETH ), worth approximately $122 million, were moved to Coinbase ￰1￱ transactions were traced to wallets linked to BlackRock’s iShares Bitcoin ETF (IBIT) and iShares Ethereum ETF (ETHA). BlackRock crypto transactions.