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via CryptoSlate · By CryptoSlate Editorial
A mystery whale paid $30 million to exit BlackRock Bitcoin ETF before the market fell
BTC
BTC/USDT
$79,817.08
+0.06%
$79,817.08
+0.06%
(24s)24h Volume
$6,250,750,869.60
24h H/L
$80,200.00 / $79,442.00
Change: $758.00 (0.95%)
Long/Short
52.8%
Long: 52.8%Short: 47.2%
Funding Rate
+0.0009%
Longs pay
Data provided by COINOTAG DATALive data
CE
CryptoSlate Editorial(12:30 PM UTC)
1 min read
Last week, an institutional investor executed the largest single off-exchange trade in the history of US spot Bitcoin exchange-traded funds, offloading a $1.26 billion position in BlackRock’s iShares Bitcoin Trust (IBIT).
While the transaction has sparked intense debate on Wall Street, an analysis from NYDIG suggests the sale was a targeted, urgent retreat by a whale rather than the routine…
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