According to Lookonchain, BlackRock has executed a major portfolio adjustment by selling Bitcoin (BTC) and purchasing Ethereum (ETH), as verified on intel.arkm.com (source: Lookonchain, June 3, 2025). This move signals a strategic shift from the world’s largest asset manager, potentially influencing institutional sentiment and trading flows in both BTC and ETH markets. Traders should closely monitor ETH price action and BTC volatility, as these changes could drive increased ETH demand and impact Bitcoin’s short-term support levels.

According to Cas Abbé, market liquidity typically flows from Bitcoin to Ethereum before fueling significant altcoin rallies. Citing recent market movements, Abbé notes that liquidity has now started entering Ethereum, which historically precedes a major upward trend in altcoins. Traders should monitor ETH price action and on-chain liquidity metrics to identify early altcoin opportunities, as the current shift suggests the next phase of the crypto bull cycle may be underway (source: Cas Abbé on Twitter, May 13, 2025).