This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Are BlackRock and Fidelity preparing to sell $BTC and $ETH?
BlackRock transferred 2,544 BTC worth $290M and 101,975 ETH worth $372M to Coinbase today.
Fidelity also deposited 14,978 ETH worth $53.5M into Coinbase.
This might be the reason the market is pulling back right now.