The report reveals that BlackRock bought about 413 BTC valued at $46 million, along with 73,864 ETH for a staggering $342 million on August 27. Prior to this huge purchase, the asset manager made another acquisition of 568 BTC for approximately $62.6 million, and 65,901 ETH valued at $292.6 million.
Data from the leading on-chain platform shows that there are now 13 more wallets holding 1,000 BTC, bringing the total to 2,087 wallets. Meanwhile, for Ethereum, there is now a total of 1,275 wallets holding 10,000 ETH following an additional 48 new wallets.
At the time of writing, BTC and ETH were trading at $113,182 and $4,573, respectively, in the last 24 hours. While ETH’s trading volume has declined by over 13% in the past day, BTC’s trading volume is experiencing a slight upswing of nearly 5%.