Cointelegraph reported that according to Arkham data, the BlackRock BUIDL Fund address received 11 million USDC from Circle 9 hours ago. This suggests that the BUIDL Fund may be actively positioning itself in the cryptocurrency market or has new investment plans. As one of the largest asset management companies globally, BlackRock's movements often have significant impacts on financial markets. The receipt of substantial USDC (USD Coin) also indicates a growing demand for stablecoins among institutional investors and continuous attention to the cryptocurrency market. USDC, being a stablecoin pegged to the US dollar, offers advantages in financial stability and liquidity, which is why it is increasingly favored by institutions and investors.