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The post $135 Million in Ethereum Sold by BlackRock Amid Crypto Market Resurgence appeared on BitcoinEthereumNews.com. BlackRock is not holding back on its rapid Ethereum-selling streak, even despite the massive crypto market resurgence witnessed over the last day.  Data from on-chain monitoring firm Lookonchain has revealed another huge Ethereum deposit from the firm. Amid the strong crypto price rebounds, BlackRock has again moved a massive 44,140 ETH, worth about $135.36 million, to Coinbase Prime in a suspected sell-off attempt on Wednesday, December 3. The latest Ethereum deposit from BlackRock has happened in four batches of 10,000 ETH and a single 4,140 ETH transfer, bringing the total amount of ETH deposited today to 44,140. You Might Also Like While the move has sparked discussions across the crypto community, it marks the latest in about a month-long streak of crypto sell-offs from the leading asset manager’s Ethereum ETF wallet. While BlackRock has repeatedly pulled large amounts of its holdings to Coinbase since last month, the move comes as no major surprise. However, the crypto ecosystem is increasingly getting curious about the motive behind the rapid sell-off. BlackRock maintains selling streak  Although speculators had earlier assumed that BlackRock’s steady Bitcoin and Ethereum dump-offs were a response to the prolonged market downturn seen throughout November, BlackRock has not yet slowed down on the move despite the ongoing crypto market rally. Over the last day, Ethereum has surged by over 7%, finally reclaiming its multi-week high of $3,100 amid the broad crypto market resurgence that has seen leading cryptocurrencies record high price gains in the last 24 hours. Notably, the continued selling streak from BlackRock has further invalidated speculations that it has only embarked on the aggressive selling streak to hedge against the prolonged crypto market rally. Contrary to the assumptions, the leading asset manager has accelerated its Bitcoin and Ethereum deposits even as crypto markets flip bullish again, instead of… The post $135 Million in Ethereum Sold by BlackRock Amid Crypto Market Resurgence appeared on BitcoinEthereumNews.com. BlackRock is not holding back on its rapid Ethereum-selling streak, even despite the massive crypto market resurgence witnessed over the last day.  Data from on-chain monitoring firm Lookonchain has revealed another huge Ethereum deposit from the firm. Amid the strong crypto price rebounds, BlackRock has again moved a massive 44,140 ETH, worth about $135.36 million, to Coinbase Prime in a suspected sell-off attempt on Wednesday, December 3. The latest Ethereum deposit from BlackRock has happened in four batches of 10,000 ETH and a single 4,140 ETH transfer, bringing the total amount of ETH deposited today to 44,140. You Might Also Like While the move has sparked discussions across the crypto community, it marks the latest in about a month-long streak of crypto sell-offs from the leading asset manager’s Ethereum ETF wallet. While BlackRock has repeatedly pulled large amounts of its holdings to Coinbase since last month, the move comes as no major surprise. However, the crypto ecosystem is increasingly getting curious about the motive behind the rapid sell-off. BlackRock maintains selling streak  Although speculators had earlier assumed that BlackRock’s steady Bitcoin and Ethereum dump-offs were a response to the prolonged market downturn seen throughout November, BlackRock has not yet slowed down on the move despite the ongoing crypto market rally. Over the last day, Ethereum has surged by over 7%, finally reclaiming its multi-week high of $3,100 amid the broad crypto market resurgence that has seen leading cryptocurrencies record high price gains in the last 24 hours. Notably, the continued selling streak from BlackRock has further invalidated speculations that it has only embarked on the aggressive selling streak to hedge against the prolonged crypto market rally. Contrary to the assumptions, the leading asset manager has accelerated its Bitcoin and Ethereum deposits even as crypto markets flip bullish again, instead of…

$135 Million in Ethereum Sold by BlackRock Amid Crypto Market Resurgence

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/12/04 11:42
2 min read
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BlackRock is not holding back on its rapid Ethereum-selling streak, even despite the massive crypto market resurgence witnessed over the last day. 

Data from on-chain monitoring firm Lookonchain has revealed another huge Ethereum deposit from the firm.

Amid the strong crypto price rebounds, BlackRock has again moved a massive 44,140 ETH, worth about $135.36 million, to Coinbase Prime in a suspected sell-off attempt on Wednesday, December 3.

The latest Ethereum deposit from BlackRock has happened in four batches of 10,000 ETH and a single 4,140 ETH transfer, bringing the total amount of ETH deposited today to 44,140.

You Might Also Like

While the move has sparked discussions across the crypto community, it marks the latest in about a month-long streak of crypto sell-offs from the leading asset manager’s Ethereum ETF wallet.

While BlackRock has repeatedly pulled large amounts of its holdings to Coinbase since last month, the move comes as no major surprise. However, the crypto ecosystem is increasingly getting curious about the motive behind the rapid sell-off.

BlackRock maintains selling streak 

Although speculators had earlier assumed that BlackRock’s steady Bitcoin and Ethereum dump-offs were a response to the prolonged market downturn seen throughout November, BlackRock has not yet slowed down on the move despite the ongoing crypto market rally.

Over the last day, Ethereum has surged by over 7%, finally reclaiming its multi-week high of $3,100 amid the broad crypto market resurgence that has seen leading cryptocurrencies record high price gains in the last 24 hours.

Notably, the continued selling streak from BlackRock has further invalidated speculations that it has only embarked on the aggressive selling streak to hedge against the prolonged crypto market rally.

Contrary to the assumptions, the leading asset manager has accelerated its Bitcoin and Ethereum deposits even as crypto markets flip bullish again, instead of pausing after the sharp correction.

While the firm has yet to clear speculations regarding its consistent transfers, debates about whether the movements are a mere ETF rebalancing, profit-taking activities, or a broader strategic shift in sentiments have continued to linger.

Source: https://u.today/135-million-in-ethereum-sold-by-blackrock-amid-crypto-market-resurgence

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Ethereum spot ETFs had a total net outflow of $1.8898 million yesterday, with Fidelity FETH leading the way with a net outflow of $29.1892 million.

Ethereum spot ETFs had a total net outflow of $1.8898 million yesterday, with Fidelity FETH leading the way with a net outflow of $29.1892 million.

PANews reported on September 18 that according to SoSoValue data, the total net outflow of Ethereum spot ETF was US$1.8898 million yesterday (September 17, US Eastern Time). The Ethereum spot ETF with the largest single-day net inflow yesterday was Blackrock ETF ETHA, with a single-day net inflow of US$25.8636 million. The current historical total net inflow of ETHA has reached US$13.255 billion. The second is Grayscale Ethereum Mini Trust ETF ETH, with a single-day net inflow of US$6.382 million. The current historical total net inflow of ETH has reached US$1.431 billion. The Ethereum spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FETH, with a single-day net outflow of US$29.1892 million. The current historical total net inflow of FETH has reached US$2.768 billion. As of press time, the total net asset value of the Ethereum spot ETF was US$29.719 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reached 5.47%, and the historical cumulative net inflow has reached US$13.659 billion.
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