Blackrock’s Big Move on ETH and BTC: What’s Driving the $1.29 Billion Buy?
- BlackRock’s big move has shaken the market as they bought 7,214 BTC worth $875 million and 94,661 ETH worth $421 million.
- This helped the market to regain the momentum, both BTC and ETH are in Bullish momentum with RSI and MACD turning positive.
- Market sentiments remain highly reactive, analysts warn about liquidity grab, hinting a short-term volatility.
When Institutional Interests Increase
In the current scenario, most of the institutions are increasingly viewing crypto as a major component within diversified portfolios. There are a number of factors that drive this trend, including;
- The approvals of BTC and ETH ETFs
- Strategies that can protect the price against inflation
- increasing on-chain utility and staking opportunities for ETH
Also Read: Ethereum Eyes $4,750 Resistance After Massive BlackRock Investment
The Strategic Move: BlackRock’s $1.29B Buy
Currently, BlackRock has purchased 7,214 BTC worth $875 million and 94,661 ETH worth $421 million. Total around $1.29 billion in digital money. After the buying activity, Bitcoin and Ethereum witnessed an immediate bounce in their prices. Bitcoin rebounded near its key resistance and Ethereum’s next consolidation state. The recent update from the user named Wimar.X shares the details in the tweet.
BREAKING
BLACKROCK JUST BOUGHT 7,214 $BTC WORTH $875 MILLION & 94,661 $ETH WORTH $421 MILLION
THEY’RE DEFINITELY PREPARING FOR SOMETHING HUGE! pic.twitter.com/NTg8GFw5Nr
— Wimar.X (@DefiWimar) October 8, 2025
ETH Outperforms BTC In Market Recovery
According to the chart from TradingView, both coins are in a bullish momentum. After the buying activity, the coins regained their momentum.
After the buying activity, ETH has an increase of 19.40% with strong rallies and higher short-term momentum. BTC got an increase of 3.15%, which is a steady recovery. The RSI is mildly bullish for both coins. MACD is in a bullish crossover, pointing to the slowing momentum.
ETH is currently leading the market recovery. Both Bitcoin and Ethereum are maintaining the bullish momentum. They align with the timing of BlackRock’s accumulation phase.
What are The Market Sentiments Referring To?
The community reacted positively to this buying activity by BlackRock. The bullish sentiment has become the key aspect in social media. The border market sentiments are highly reactive, with investors and traders paying attention to its institutional inflows and own chain whale movements.
According to the recent update on X by the analyst Reck Fencer, “massive liquidity grab is ahead,” noting about the old whales who are dumping again while ETF inflows hit a new record. It shows that even short-term volatility remains, institutional inflows can turn the momentum upward. It keeps the investors alert for the next breakout level at $116K and $130K.
In conclusion, this massive buying activity underscores the increasing confidence of institutional investors believing the long-term potential of the coin. In the current market scenario, institutional inflows are now dictating the market direction. Eth’s high performance indicates a broadening interest beyond the top asset. Showing a great optimism towards the altcoins’ fundamentals.
Overall, despite the short-term volatility and liquidity adjustments highlighted by the analysts, market ETF inflows and whale movements help to regain the momentum. If this trend continues, both BTC and ETH may mark new price cycles.
Also Read: BlackRock Cryptocurrency Investment Framework Applied to XRP Tundra’s Value Proposition
