According to @AltcoinGordon on Twitter, BlackRock and other major institutional investors are purchasing billions of dollars worth of Bitcoin (BTC) and Ethereum (ETH) every week, as evidenced by recent fund inflows and ETF data. This sustained institutional accumulation suggests strong bullish sentiment and underlying support for crypto prices, making it a critical indicator for traders monitoring market momentum and potential breakout opportunities. Source: @AltcoinGordon on Twitter, May 26, 2025.

According to Lookonchain, BlackRock has purchased an additional 5,613 BTC valued at $529.5 million, bringing its total Bitcoin holdings to 620,252 BTC worth $58.51 billion as of May 6, 2025 (source: x.com/lookonchain/status/1919763117694976147). Since April 21, BlackRock has accumulated 47,064 BTC totaling $4.44 billion. This aggressive acquisition signals strong institutional confidence in Bitcoin, potentially pressuring supply and supporting upward price momentum. Traders should closely monitor BlackRock's activity as continued accumulation by major institutions can strengthen bullish sentiment and increase market volatility.