The post $671 Million: BlackRock Dumps Bitcoin and Ethereum Again, But Bigger This Time appeared on BitcoinEthereumNews.com. BlackRock pulls off big Bitcoin saleThe post $671 Million: BlackRock Dumps Bitcoin and Ethereum Again, But Bigger This Time appeared on BitcoinEthereumNews.com. BlackRock pulls off big Bitcoin sale

$671 Million: BlackRock Dumps Bitcoin and Ethereum Again, But Bigger This Time

2 min read
  • BlackRock pulls off big Bitcoin sale as price retests $74,000
  • BlackRock IBIT closes January with highest 2026 outflow

BlackRock has continued to offload Bitcoin and Ethereum in heavier stacks even as February begins, and this time, it has made the largest Bitcoin and Ethereum deposits so far in 2026.

With the leading asset management firm showing no signs of slowing down its consistent crypto sell-off activities, it has just deposited $671 million in Bitcoin and Ethereum, according to data from on-chain monitoring platform Lookonchain.

BlackRock pulls off big Bitcoin sale as price retests $74,000

Although BlackRock has been consistent with its Bitcoin and Ethereum sales and the crypto community is familiar with the move from the firm, the large volume of the latest transfer appears to have been triggered by the growing market uncertainty.

According to the data, BlackRock deposited 6,918 BTC worth about $538.6 million and 59,327 ETH tokens worth about $133.6 million to Coinbase a few minutes ago.

The move has sparked more fear across the crypto community, as it has come when Bitcoin and Ethereum are trading heavily on a downside trajectory, showing notable price declines and retesting multimonth lows.

You Might Also Like

While the nature of the transfer is yet to be clarified by the firm, the nature and frequency of the transfers are perceived as major sell-off attempts, suggesting that the firm has continued to shrink off its holdings amid prolonged market volatility.

Following large BTC and ETH deposits, both cryptocurrencies have shown bearish price moves, with the former trading around $78,304 and the latter $2,373 as of press time.

BlackRock IBIT closes January with highest 2026 outflow

Prior to the major Bitcoin deposit made by BlackRock, the firm has seen its Bitcoin ETF product log the highest outflow it has seen so far in 2026.

During its last trading session seen on Jan. 30, the BlackRock IBIT recorded a massive $528.30 million  in outflow, indicating growing institutional sell-offs as investors begin to trade with caution.

Source: https://u.today/671-million-blackrock-dumps-bitcoin-and-ethereum-again-but-bigger-this-time

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Best Sit and Go Poker Sites – Where to Play SNG Poker Tournaments in 2025

Best Sit and Go Poker Sites – Where to Play SNG Poker Tournaments in 2025

Like its name implies, Sit and Go tournaments, widely popular as SNG poker events, allow players to jump into the action immediately, appealing to players who prefer not to wait for scheduled games.  These events start as soon as the seats are filled rather than at a set time, ensuring a more spontaneous and fast-paced […]
Share
The Cryptonomist2025/09/18 05:45
SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors

SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors

The post SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors appeared on BitcoinEthereumNews.com. In the world of crypto, two tokens are making waves, albeit with different trajectories. While Solana (SOL) continues to move sideways, the Ozak AI token is gaining significant momentum with impressive presale results. With Ozak AI’s presale showing growth of over 1,100%, investors are eyeing substantial returns as the presale progresses. Ozak AI Presale Performance: Rapid Growth and Strong Fundamentals The Ozak AI token is in Phase 6 of its presale, with the price fixed at $0.012. The project has made remarkable strides, seeing its token grow by more than 1,100% since the beginning of the event. Over 905 million tokens have been sold, raising over $3.2 million. As the presale moves forward, the next price increase will take the token to $0.014, requiring a minimum investment of $100. Ozak AI has a total supply of 10 billion tokens, with 30% allocated to presale. Other allocations include ecosystem incentives, reserves, liquidity, and the project team. The distributions support both growth and sustainability, ensuring a balanced supply for adoption and development. Key Features and Partnerships Supporting Ozak AI’s Growth Ozak AI offers significant value beyond just speculation. The platform utilizes machine learning with decentralized networks to provide predictive analytics for financial markets. Ozak AI offers real-time data feeds, customizable prediction agents, and decentralized applications (dApps) to users. The integration of the Ozak AI Rewards Hub adds a unique feature to the platform, where users can participate in staking, governance, and rewards. This initiative also raises awareness about the presale success. Ozak AI has partnered with various leading platforms. Pyth Network enhances the reliability of its predictive models and provides accurate financial data across blockchains. Additionally, Dex3’s liquidity solutions improve the platform’s trading experience, enabling seamless transactions. The integration of Weblume’s no-code tools and the SINT protocol for one-click AI upgrades makes…
Share
BitcoinEthereumNews2025/09/18 23:49
UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

The tension in UBS’s latest strategy update is not between profit and innovation, but between speed and control. On February 4, 2026, as the bank reported a record
Share
Ethnews2026/02/05 04:56