BlackRock: Accumulates $312M in BTC and ETH

BlackRock linked ETF wallets accumulated at least 3.62K BTC worth roughly $282M from Coinbase Prime over the past 10 hours while also taking in 12.53K ETH valued at $30.6M for a total of $312M. On-chain data shows continued BlackRock Bitcoin ETF accumulation from Coinbase Prime history that aligns with prior IBIT ETF wallet on-chain flows analysis patterns observed in the last year.

BTC trades at $78754.23 inside its Bollinger band with upper resistance at $80330.45 and lower support at $77097.11. The 50-EMA at $75467.41 and 200-EMA at $68739.06 remain key long-term supports in the bullish structure even as the MACD death cross at 837.43 signals short-term momentum loss while RSI at 57.28 stays neutral. A healthy retracement toward the 50-EMA support appears probable before any continuation higher.