According to @rovercrc, BlackRock bought 32,936 ETH for $141 million on Coinbase, flagging a large spot execution that could affect short-term Ethereum liquidity and price discovery on that venue; source: @rovercrc. According to @rovercrc, those figures imply an average fill near $4,280 per ETH (141,000,000 ÷ 32,936), a useful reference for estimating slippage and order-book impact; source: @rovercrc. According to @rovercrc, traders seeking confirmation can watch Coinbase ETH order-book depth, large exchange outflows, and any widening Coinbase premium versus other venues as potential signals tied to a Coinbase-led spot flow; source: @rovercrc. According to @rovercrc, until independently confirmed by BlackRock, Coinbase, or verifiable on-chain wallet evidence, the claim remains unverified and should be treated as preliminary by risk-managed traders; source: @rovercrc. According to @rovercrc, near-term tactics include monitoring ETH funding rates, open interest changes, and options implied volatility for signs of follow-through or mean reversion after a reported large spot buy; source: @rovercrc.

According to Michaël van de Poppe (@CryptoMichNL), the targeted area for spot Bitcoin (BTC) purchases has been reached, suggesting a potential upward reversal. He notes that if BTC can rally to $106,000, this would act as a key trigger indicating the likelihood of a new all-time high (ATH) in the near future (Source: Twitter/@CryptoMichNL, June 21, 2025). This analysis highlights a critical resistance level for traders to monitor, with implications for both short-term momentum and long-term bullish positioning in the cryptocurrency market.

According to Michaël van de Poppe (@CryptoMichNL), recent liquidations have brought Bitcoin (BTC) to levels suitable for spot purchases. He highlights $106,000 as the critical resistance; a move above this level could trigger a significant breakout to a new all-time high (ATH). Conversely, if Bitcoin fails to reclaim $106K, he recommends monitoring for buying opportunities below $100,000. These levels are crucial for traders assessing potential upside and downside risk in the current market environment. Source: Twitter/@CryptoMichNL.