According to Cas Abbé (@cas_abbe), BlackRock has purchased $131 million worth of Bitcoin daily since its entry into the market. With current daily mined BTC valued at $47.47 million, BlackRock's accumulation rate is almost three times the newly mined supply over the past 16 months. This aggressive buying pace has tightened available supply, likely contributing to upward price pressure and increased volatility. Crypto traders should monitor BlackRock’s ongoing accumulation for potential impacts on liquidity and BTC price trends. (Source: Cas Abbé, Twitter, May 20, 2025)