Hupzy (Spot On Chain)|Nov 02, 2026 19:24
The world's largest asset manager has shed 𝟱𝟴𝟬,𝟭𝟰𝟱 𝗘𝗧𝗛 (~$𝟭.𝟯𝟮𝗕) over the past month in sustained outflows — a structural sell signal from a tier-1 institutional holder. Arkham tracking shows the full entity-level flow: https://arkm.com/explorer/entity/blackrock
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: $1.32B in sustained ETH outflows from BlackRock is meaningful structural selling pressure that can weigh on ETH price and sentiment, especially when it lines up with the broader ETH ETF outflow backdrop. ETH is tradeable on Hyperliquid, so traders can position on the downside thesis directly or watch for whether the outflow pace accelerates or stalls in coming weeks.
ETH is under sustained institutional distribution. The 580k ETH monthly outflow from the world's largest asset manager compounds broader ETF outflow pressure, keeping ETH biased toward support tests rather than breakout attempts, watch whether the outflow pace accelerates or stalls.
source: lookonchain
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