BlackRock Transfers $123M in Crypto, Sparking Market Concerns
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Massive Transfers: BlackRock recently transferred $123 million worth of Bitcoin and Ethereum to Binance, specifically involving 1,134 BTC valued at $101.4 million and 7,255 ETH worth $22.1 million, raising concerns about potential institutional selling pressure in the market.
- Market Reaction: Despite the transfer raising liquidity concerns, Bitcoin showed resilience by gaining over $2,000 to reach $89,412.80, indicating that market participants still maintain confidence amid the institutional movements.
- ETF Outflow Pressure: BlackRock faced significant pressure in its ETF business at the end of 2025, with over $2.1 billion in outflows within four weeks, representing nearly 3% of total ETF assets, leading analysts to view the crypto transfers as a strategic internal rebalancing move.
- Trading Activity: Ethereum successfully reclaimed the $3,000 level, with trading volume increasing by 7.12% to $14.98 billion, reflecting sustained engagement from market participants despite concerns surrounding institutional transfers.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
