This address acquired 118,300 #Bitcoin the last 3 months.
Is this Blackrock buying #BTC?
bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2
Discussion
Damn.
Someone has been scooping up massive amounts of #Bitcoin at these low prices.
I should be doing the same... shame on me...
You really think institutions started accumulating here?
Blackrock is a noob reusing this address, someone needs to teach them about privacy practices 😂
"IF" this is Blackrock, they could be reusing one address for transparency.
It would be illegal for Blackrock to front run their customers. It would also be illegal to buy for their own treasury in secret, a public company discloses actions material to the share price.
Crypto exchanges play fast and loose with the law. Blackrock will not, their legacy old money clients wouldn't tolerate it.
I'll add that this is true for all of the ETF applicants.
Arkham claims it's Robinhood
https://platform.arkhamintelligence.com/explorer/address/bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2