Blockchain tracker Lookonchain said BlackRock has been making large BTC and ETH purchases for eight consecutive trading days, according to a BlockBeats report published on Aug. 27. The tracked accumulation reached 27,722 BTC, valued at about $2.2 billion, and 385,633 ETH, worth about $961 million. Combined, the purchases totaled roughly $3.161 billion. The report did not provide additional transaction details beyond the cumulative figures and the duration of the buying streak. The data points to sustained, large-scale accumulation across the two largest crypto assets by market capitalization over the monitored period.
BlackRock has bought large amounts of Bitcoin and Ether for eight consecutive trading days, according to on-chain tracker Lookonchain, as cited by BlockBeats on Aug. 27.
The accumulated purchases totaled 27,722 BTC, worth about $2.2 billion, and 385,633 ETH, valued at about $961 million. Together, the two positions amounted to roughly $3.161 billion.
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