On February 26, BlackRock acquired approximately 4,309 $BTC, amounting to nearly $289.6 million, all within a single hour. These transactions were made from Coinbase Prime’s hot wallets to the iShares Bitcoin Trust (IBIT) wallets. This action took place during a period marked by the highest daily inflows into U.S. spot Bitcoin ETFs observed in the past fortnight.
Related Posts
How Far Could Bitcoin\’s Value Rise in October?
In a world where technology continuously evolves, staying updated with the latest advancements is crucial. This dynamic landscape offers numerous…
Bitcoin Experiences 10,860% Liquidation Imbalance as BTC Price Surges to $72,530 During Oil Crisis
A sudden and intense market movement has created a notable disruption in Bitcoin’s liquidation dynamics within the last hour. As…
Bitcoin Holds Near $119,000 As Lower Leverage Reduces Correction Risk
Bitcoin (BTC) staged a mild rebound from yesterday’s inflation-driven drop to $117,180, climbing back toward $119,000 at the time of…