According to Lookonchain, BlackRock executed a major buy order of 47,064 BTC, valued at $4.44 billion, when Bitcoin was trading near $95,000. This large-scale institutional accumulation signaled strong bullish sentiment, and Bitcoin quickly rebounded to $100,000 shortly after the purchase (source: x.com/lookonchain). For traders, BlackRock’s aggressive buying sets a key support level around $95K and highlights the impact of institutional flows on BTC price movement. Monitoring large wallet transactions and on-chain activity from major funds like BlackRock remains crucial for anticipating sharp market moves and identifying actionable trading signals.