Global asset giant Blackrock has deposited an enormous $643 million worth of Bitcoin and Ethereum into Coinbase Prime, igniting speculation about potential market impact. The move, marking a major step for institutional crypto investments, has raised questions regarding selling pressure on existing prices, impacting liquidity within the digital asset ecosystem. BlackRock’s transfer follows substantial outflows from U.S.-listed spot Bitcoin and Ethereum ETFs, driving anxieties among investors. Analysts highlight growing uncertainty in market dynamics, with Bitcoin prices experiencing a downturn and the crypto Fear and Greed Index hitting extreme panic levels. Experts suggest that these transactions could signal strategic rebalancing or liquidation moves within the broader cryptocurrency market. Blackrock’s actions have also triggered discussions regarding potential liquidity issues and their influence on DeFi and governance tokens. These developments are being closely watched for insight into long-term effects on financial systems, especially those built on blockchain technology.