#CryptoReboundStrategy #BitcoinHashRateSurge #BitcoinTurns16

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Prominent blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers and shares details on its official X account, spotted six consecutive Ethereum transfers, each carrying just over $100 million worth of ETH.

All of these transactions were completed within one hour, according to the on-chain data source.

168,000 ETH Mysteriously Moved to Unknown Wallets As mentioned above, Whale Alert spotted six massive cryptocurrency transactions a few hours ago, each holding approximately 27,970 ETH. Each of these transactions was worth between $100.5 million and $100.7 million in fiat currency. They were all moved between anonymous blockchain addresses, totaling approximately 168,000 ETH, worth $603,385,283 as of this writing. This mysterious whale activity occurred as the price of the second-largest cryptocurrency by market cap, Ethereum, surged by around 6%, rising from $3,430 to $3,628. As of now, Ethereum has seen a slight decline of around 1.5%, and is trading at $3,575 as of this writing.

BlackRock’s Ethereum ETF Hits Another Major Milestone Meanwhile, Chinese journalist and blogger Colin Wu reported that net inflows into Ethereum ETFs hit $58.78 million on Friday, January 3. The largest share of that was net inflows into BlackRock’s Ethereum Fund — which received $33.88 million in a single day.

So far, the total inflows to BlackRock’s Ethereum ETF have reached $3.559 billion. However, on the same day, BlackRock’s IBIT Bitcoin Spot ETF experienced its largest single-day outflow of $332.6 million, equivalent to around 3,413 BTC. This is the largest outflow since the fund’s launch, surpassing even the previous outflow observed on December 24, when $188.7 million worth 1,933 BTC was dumped by the ETF managed by the giant BlackRock. During the last week of 2024, famous Bitcoin investor Robert Kiyosaki criticized BlackRock and its CEO Larry Fink for selling Bitcoin. Kiyosaki stated that BlackRock was dumping Bitcoin to keep its price below $100,000 to allow whales to buy digital gold at a significant discount. Several influencers on the X app then drew the public’s attention to these massive Bitcoin outflows from BlackRock😅✅

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