Good afternoon everyone!

During my lunch break, I saw a smart push about BlackRock’s holdings, and then went to verify and check the official website data. I put the screenshot at the end of the article for everyone to take a look.

After the ETF of Big Pie passed, we know that Xiaobei’s ETF has been buying Big Pie, that is, starting to buy in batches around 4w. I have to say that the point at which they bought is indeed good. Judging from the existing data , as of the 20th, Xiaobei's fund's total holding cost was 5.52 billion, with a remaining balance of 12.5 million U.S. dollars (which can only buy 240 large pies), and a total holding market value of 6.3 billion U.S. dollars. At present, the funds raised by Xiaobei’s ETF curtain have basically been bought out, and there is no capital to undertake. From this point of view, the pie is currently trading sideways at a high level. According to the data on the chain, long-term holders have been selling , there is a certain amount of selling pressure, but short-term holders have been buying.

The total trading volume in the week since the 15th began to go sideways has exceeded 10 billion US dollars. But BlackRock only bought 3 billion U.S. dollars, which shows that many retail investors who had shorted out the current rising market could not help but get on the bus again. This also included short-term holders who had been short-term holders before this. People have been buying or not operating, and have been waiting for opportunities to fall. The current funding rate is that the military forces pay the air force, and the bulls have the upper hand, so the current pressure of 53k is still there. We are patiently waiting for the first entry position near 47k! #BTC‬ #Ethereum(ETH)