via CryptoSlate · By CryptoSlate Editorial
A mystery whale paid $30 million to exit BlackRock Bitcoin ETF before the market fell
BTC/USDT
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$64,823.52 / $63,270.00
Change: $1,553.52 (2.46%)
+0.0013%
Longs pay
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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