According to @cas_abbe, BlackRock says if every U.S. millionaire bought 1 BTC, available supply would be insufficient, highlighting a structural scarcity backdrop. According to @cas_abbe, 87% of BTC supply has not moved in 6+ months and only about 2.3M BTC is liquid, tightening tradable float. According to @cas_abbe, the U.S. has 7M+ millionaires and spot BTC ETFs are already absorbing more than daily issuance, creating a persistent order-flow imbalance. According to @cas_abbe, this setup implies a potential supply squeeze narrative that traders may track via ETF net inflows versus on-exchange liquid supply.

According to Farside Investors (@FarsideUK), BlackRock’s Ethereum ETF posted a daily net outflow of $53.7 million based on the firm’s issuer-level Ethereum ETF flow tracker dated Nov 22, 2025 (source: X post by Farside Investors on 2025-11-22; farside.co.uk/eth). For trading context, the Farside dashboard lists same-day flows across issuers, cumulative net flows, and AUM, enabling assessment of whether the move is isolated to BlackRock or part of a broader market pattern (source: farside.co.uk/eth). Traders can monitor subsequent daily updates on the Farside tracker to see if net redemptions persist or reverse, informing short-term ETH positioning and liquidity assessment (source: farside.co.uk/eth).

According to @lookonchain, Tom Lee (@fundstrat)'s Bitmine bought 63,123 ETH (about $174M) this week, lifting its holdings to 3,623,002 ETH (about $9.96B) [@lookonchain, Nov 21, 2025]. According to @lookonchain, BlackRock reduced its ETH by 43,237 ETH (about $119M) today, bringing its balance to 3,604,966 ETH (about $9.91B) [@lookonchain, Nov 21, 2025]. Based on @lookonchain data, Bitmine now holds approximately 18,036 ETH more than BlackRock [@lookonchain, Nov 21, 2025]. Based on @lookonchain data, net weekly change across the two entities is +19,886 ETH with a gross swing of 106,360 ETH, highlighting sizable tracked flows relevant to traders [@lookonchain, Nov 21, 2025].

According to @OnchainDataNerd, a wallet attributed to BlackRock deposited 4,198 BTC (about $348M) and 43,237 ETH (about $117M) into a Coinbase address, with the address shared by the source here: https://t.co/aA9IA7R8Cj on Nov 21, 2025; source: https://twitter.com/OnchainDataNerd/status/1991837606821466314. According to @OnchainDataNerd, the post identifies the transfers as deposits to a centralized exchange address and does not confirm any subsequent selling or order execution; source: https://twitter.com/OnchainDataNerd/status/1991837606821466314. According to @OnchainDataNerd, the combined transfer value is roughly $465M based on the source’s USD estimates for BTC and ETH at the time of posting; source: https://twitter.com/OnchainDataNerd/status/1991837606821466314.

According to @OnchainLens, BlackRock deposited 4,198 BTC valued at $348.3M and 43,237 ETH valued at $117.33M into Coinbase on Nov 21, 2025, based on tagged on-chain transfers, source: @OnchainLens. The sending entity is labeled BlackRock on Arkham Intelligence’s explorer, which corroborates the attribution and the destination wallet cluster tied to Coinbase, source: Arkham Intelligence. The combined transfer value is approximately $465.6M derived from the figures reported, providing a sizable exchange inflow signal that traders track for potential order book and liquidity impacts on BTC and ETH, source: @OnchainLens; Arkham Intelligence.

According to @lookonchain, BlackRock deposited 4,198 BTC worth about $348M and 43,237 ETH worth about $117M to Coinbase Prime, with the transfer referenced via Arkham Intelligence’s BlackRock entity page (source: Lookonchain on X, Nov 21, 2025; Arkham Intelligence intel.arkm.com/explorer/entity/blackrock). The combined on-chain inflow is roughly $465M of BTC and ETH moving to an exchange venue, which is directly based on the values cited in the alert (source: Lookonchain on X, Nov 21, 2025).

According to Farside Investors, BlackRock’s US Ethereum ETF recorded a daily net outflow of US$122.6 million on Nov 21, 2025, as listed in the Ethereum ETF Daily Flow dataset. Source: Farside Investors tweet on Nov 21, 2025. The dataset and disclaimers are available on Farside’s ETH ETF flows dashboard at farside.co.uk/eth, which reports daily issuer-level net flows in US dollars. Source: Farside Investors ETH flows dashboard.

According to CoinMarketCap, the Abu Dhabi Investment Council nearly tripled its Bitcoin exposure in Q3 and held $520 million worth of shares in BlackRock’s iShares Bitcoin Trust ETF (IBIT), characterizing BTC as digital gold, source: CoinMarketCap on X, Nov 20, 2025. For trading, the presence of a sovereign wealth fund among sizable IBIT holders underscores institutional demand for spot Bitcoin ETFs, making IBIT trading volumes and net creations or redemptions key signals to monitor for BTC spot liquidity and order flow during U.S. market hours, source: BlackRock iShares IBIT product materials and U.S. SEC ETF mechanics guidance.

According to @FarsideUK, BlackRock’s US Ethereum ETF recorded a 24.6 million dollar net outflow in the latest daily flow update — source: Farside Investors data page farside.co.uk/eth and Farside Investors post dated Nov 20, 2025. The full ETH ETF flow dataset and disclaimers for verification are available on Farside Investors’ Ethereum flows page — source: Farside Investors farside.co.uk/eth.

According to Lookonchain, BlackRock trimmed crypto exposure over the past three days by selling 12,097 BTC valued at approximately $1.11B and 172,049 ETH valued at approximately $533M, source: Lookonchain on X Nov 19, 2025. The combined reduction totals about $1.64B within a three-day window and is reported as selling in BTC and ETH, source: Lookonchain on X Nov 19, 2025.

According to @lookonchain, BlackRock deposited 6,735 BTC (about $616M) and 64,706 ETH (about $200M) to Coinbase Prime on Nov 19, 2025, as recorded in their on-chain monitoring post (source: Lookonchain). The wallet attribution to BlackRock is referenced via Arkham Intelligence’s labeled entity page linked in the report (source: Arkham Intelligence). The combined transfer value is approximately $816M, representing a sizable tracked inflow to the Coinbase Prime destination during the reported timeframe (source: Lookonchain). Traders tracking exchange inflows can monitor the cited Coinbase Prime addresses and subsequent on-chain movements for BTC and ETH liquidity changes related to this transfer (source: Lookonchain; Arkham Intelligence).

According to @FarsideUK, BlackRock's US Ethereum ETF recorded a daily net outflow of $165.1 million on Nov 19, 2025, as posted on twitter.com/FarsideUK/status/1991005147355361302 and detailed at farside.co.uk/eth/. According to Farside Investors' Ethereum ETF flow page at farside.co.uk/eth/, negative daily flow values indicate net redemptions from the fund, confirming a net $165.1 million withdrawal for the day. According to Farside Investors at farside.co.uk/eth/, traders can review issuer-level flows and methodology to compare this outflow with other US spot Ethereum ETFs for trade planning.

According to @OnchainLens, wallets attributed to BlackRock deposited 3,064 BTC valued at $280 million and 64,707 ETH valued at $198.7 million into Coinbase on Nov 18, 2025, as flagged by on-chain tracking, source: @OnchainLens; Arkham Intelligence. The combined transfer size totals approximately $478.7 million based on figures reported in the post, source: @OnchainLens. Arkham Intelligence labels the sending entity as BlackRock, indicating the flows were routed to Coinbase-linked addresses, source: Arkham Intelligence.

According to @OnchainDataNerd, BlackRock deposited 4,880 BTC (about $467M) and 54,730 ETH (about $176M) into a Coinbase address in a single move. According to Arkham Intelligence, the destination address is labeled as associated with BlackRock, corroborating the attribution. According to Glassnode Academy and CryptoQuant educational materials, large exchange inflows are commonly monitored by traders as potential sell-side liquidity or volatility signals, making this transfer relevant for near-term BTC and ETH market positioning.

According to @lookonchain, BlackRock deposited 4,880 BTC valued at 467.16 million USD and 54,730 ETH valued at 175.93 million USD to Coinbase Prime on Nov 17, 2025; Source: https://twitter.com/lookonchain/status/1990404921800229092. The transfer reference points to wallets labeled as BlackRock on Arkham Intelligence for verification; Source: https://intel.arkm.com/explorer/entity/blackrock. The post notes the deposits occurred roughly one hour before the alert was published, indicating near-term exchange inflow for BTC and ETH at the time of reporting; Source: https://twitter.com/lookonchain/status/1990404921800229092.

According to @cas_abbe, BlackRock deposited approximately $470 million in BTC and $176 million in ETH to Coinbase and characterized the activity as selling again, source: @cas_abbe on X. Historical research indicates that large exchange inflows often coincide with increased sell-side pressure and short-term volatility in BTC and ETH, which traders track via order book depth and spreads, source: Glassnode Insights 2023 and Kaiko Research 2024.

According to @OnchainLens, BlackRock deposited 4,880 BTC (about $467.19M) and 54,730 ETH (about $175.93M) into Coinbase, with the transactions linked to BlackRock-tagged wallets on Arkham Intelligence, source: @OnchainLens; Arkham Intelligence. Arkham’s BlackRock entity page displays the labeled addresses and shows these transfers going to Coinbase, source: Arkham Intelligence. Traders track large exchange inflows because they increase on-exchange liquidity and are commonly used as a sell-side supply gauge via exchange reserves metrics, source: CryptoQuant. Near term, participants can watch Coinbase BTC and ETH order books, exchange reserves, and netflows to assess potential impacts on price and liquidity, source: CryptoQuant.

According to the source, Harvard Management Company's Q3 2025 Form 13F-HR filing shows the endowment held about $443 million of iShares Bitcoin Trust (IBIT), its largest declared U.S. equity position in the report, per SEC EDGAR. The Q3 filing indicates the IBIT stake is roughly triple the size reported in the prior Q2 2025 Form 13F-HR, per SEC EDGAR filings. The filing identifies the position as iShares Bitcoin Trust units (ticker IBIT), providing indirect BTC exposure via BlackRock's spot Bitcoin ETF, per SEC EDGAR.

According to the source, a $2.5 billion BlackRock fund is coming to Binance and BNB Chain, as stated in a public social media post that links to a longer article, making BNB the focal asset for any potential ecosystem impact. Source: the provided social media post dated Nov 14, 2025. The source post does not provide a launch date, product structure, user eligibility, or on-chain mechanism details for the fund, leaving key trading logistics unconfirmed. Source: the provided social media post dated Nov 14, 2025.

According to @lookonchain, BlackRock deposited 2,610 BTC valued at $250.2 million and 43,240 ETH valued at $136.7 million to Coinbase Prime over the past three hours; source: Lookonchain on X, Arkham Intelligence BlackRock entity. These wallets are labeled as BlackRock-linked and the destination is Coinbase Prime, Coinbase's institutional trading and custody platform; source: Arkham Intelligence labeling, Coinbase Prime website. Large on-exchange inflows are monitored by traders as potential liquidity events that can influence near-term order book depth and volatility in BTC and ETH; source: CryptoQuant Exchange Inflows metric documentation.