Arkham: BlackRock client snaps up $122M in ETH, biggest one-off buy in seven months

AI Market Summary

Arkham data indicates BlackRock clients executed a $122M ETH buy, the largest single purchase in seven months and the second-largest on record. The flow is notable for signaling renewed institutional demand and improved liquidity absorption in ETH markets. Near-term, this can tighten available supply and bolster risk sentiment across large-cap crypto, with spillover to ETH-adjacent DeFi and L2 positioning.

Impact level

● Medium

Affected assets

ETH/USDT+12.28%

AI Insight · ETH/USDTAI Insight

▲ Bullish

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A BlackRock client has purchased $122 million worth of Ether (ETH), marking the firm's largest single transaction in seven months, according to Arkham monitoring cited by Huo Xing Finance. The data shows BlackRock's previous biggest one-off ETH buy took place on Jan. 15, when it acquired $149 million. The latest purchase is the second-largest on record.

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