Latest Update
8/28/2026 12:26:00 AM

BlackRock: Accumulates $229M in BTC and ETH

BlackRock: Accumulates $229M in BTC and ETH

BlackRock ETF wallets add 2,559.28 BTC (~$205.6M) and 9.34K ETH (~$23.53M) in nine hours, extending institutional accumulation impact on Bitcoin prices.

Source

Analysis

BlackRock-linked ETF wallets absorbed 2,559.28 BTC worth roughly $205.6 million and 9.34K ETH worth $23.53 million over the past nine hours, pushing total inflows near $229 million.

BlackRock Bitcoin ETF inflows history shows consistent wallet activity that has supported price floors during the last twelve months of institutional accumulation impact on Bitcoin and Ethereum prices. With price at $79,698.55 inside the Bollinger band, the upper resistance at $80,491.15 sits just ahead while the 50-EMA at $76,651.61 and 200-EMA at $69,618.97 anchor the bullish structure; RSI at 59.01 leaves room before overbought territory even as MACD prints a death cross at 765.92, suggesting a measured pullback toward the 50-EMA support before continuation.


Onchain Lens

@OnchainLens

Simplifying onchain data for the masses