BlackRock adds $900M in BTC as long-term selling hits 2017 lows

BlackRock Report: U.S. Debt Expansion Could Fuel Crypto Gains Amid AI Era
Table of Contents

BlackRock added close to $900 million in Bitcoin during the first week of January, rebuilding exposure after an end-of-year drawdown and coinciding with a sharp slowdown in long-term selling.

On-chain data indicates the asset manager accumulated 9,619 BTC over the past three days, valued at roughly $878 million. BlackRock now holds about 780,400 BTC, worth close to $70 billion. The firm’s Bitcoin position peaked near 804,000 BTC on Nov. 30, before declining into year-end. The early-January purchases mark a swift reversal of that reduction.

Bitcoin’s Exchange Inflow Coin Days Destroyed (CDD) on Binance has dropped to its lowest level since 2017, indicating older coins are barely moving onto exchanges. Long-term holder supply fell from over 15 million BTC in July 2025 to 13.6 million BTC by November, and has stabilized in recent months.

Additional on-chain indicators support the view that selling pressure has eased. CryptoQuant data shows the SOPR Ratio at levels linked to market resets, with recent buyers realizing losses while long-term holders remain profitable and inactive. Bitcoin’s Net Unrealized Profit/Loss (NUPL) sits near 0.3, a zone that historically coincides with transitions from recovery into steadier conditions.


Source: Lookonchain; CryptoQuant (on-chain data)


Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.Ā 

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

RELATED POSTS

Ads

Follow us on Social Networks

Crypto Tutorials

Crypto Reviews