⚡️Turns out we've all been fooled by BlackRock!❗️ It's not a die-hard BTC bull; it's just a large retail investor trading in waves. On October 23rd, BlackRock transferred $350 million worth of BTC and ETH to Coinbase. Many people panicked immediately: Is BlackRock about to dump its holdings? Don't worry, look at what it's been doing in the last two months: When the market dropped in September, it bought like crazy. Nearly $700 million flowed in during the first week. On October 19th, it bought $665 million in a single day, driving BTC up from $81,000. On October 22nd, it saw a net outflow of $254 million, selling faster than anyone else. It's not bullish, nor is it bearish. It's trading in waves: selling when prices rise and buying when prices fall, maintaining a balanced position. You thought BlackRock was a believer? It's just the largest market maker in this market, not on the same level as the die-hard bulls of MicroStrategy. The 350 million cryptocurrency transferred to Coinbase on October 23rd—whether it will be sold or not is unknown. But one thing is certain: when BlackRock starts frequently entering and exiting the market, retail investors' "faith" in it becomes its liquidity. Turns out, BlackRock is just a giant chameleon in the crypto world.