BlackRock: Withdraws $158M BTC and ETH
BlackRock withdraws 1,698.44 BTC ($130.2M) and 11.69K ETH ($28.3M) from Coinbase Prime for $158M total accumulation.
SourceAnalysis
BlackRock pulled 1,698.44 BTC worth $130.2M and 11.69K ETH worth $28.3M from Coinbase Prime, totaling $158M in fresh accumulation.
Price sits at $76,226.77 inside the Bollinger band with upper resistance at $78,707.91. The 50-EMA at $77,735.18 now acts as immediate overhead resistance while the 200-EMA at $74,473.35 provides the next structural floor. MACD death cross at -220.52 keeps the 4h structure bearish, yet RSI at 36.82 leaves room for a relief bounce before any deeper test of lower band support at $76,024.03. This withdrawal pattern aligns with BlackRock’s steady BTC accumulation over the past year and feeds directly into ongoing BTC price prediction models watching institutional flows.
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