BlackRock has deposited 3,743 BTC into a major exchange within the past 40 minutes, and this large transaction immediately drew market attention.

From a funding perspective, continuous institutional-level inflows often indicate a bullish attitude. However, the immediate question is—when will the exchange's negative premium return to zero?

This relates to the market's supply and demand balance. Every time a large institution increases its holdings, it impacts short-term liquidity and pricing. It is worth monitoring BlackRock's subsequent position changes and whether the exchange's premium improves accordingly.