🚨 𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: BlackRock deposited 2,402 BTC ($151.4M) and 12,679 ETH ($21.1M) to Coinbase Prime — continued ETF redemption pressure. Total outflow: ~$172.5M across both assets. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: When the largest spot ETF issuer consistently moves coins to Coinbase Prime, it reflects AP redemption pressure. This adds near-term selling pressure to spot markets. The BTC portion dominates ($151M vs $21M), suggesting the rotation is more pronounced in Bitcoin. BTC / ETH token-level read: sustained ETF outflows create a structural overhang. Watch whether these deposits route to sell-side liquidity or sit idle at Coinbase Prime. If they hit the order book, expect downside pressure on both assets — with BTC bearing the brunt given the size disparity. Verify on-chain: https://arkm.com/explorer/entity/blackrock source: lookonchain Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))