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$1.3B Worth of BlackRock's IBIT Changes Hands in Dark Pool Sale

DE
Decrypt Editorial
(11:13 AM UTC)
1 min read
EW
Updated byEmily Watson

In brief

  • A $1.3 billion block of BlackRock’s IBIT was traded in a dark pool sale Tuesday, one of the largest since the launch of U.S. spot Bitcoin ETFs.
  • Though Bitcoin held steady on a higher timeframe, a closer look shows it shed nearly 1.4% around the time of the transaction.
  • Myriad users reduced bullish expectations, putting a 69% chance on Bitcoin hitting $84,000 next, down from last…

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