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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
$63,058.48
+0.01%
$63,058.48
+0.01%
(24s)24h Volume
$2,453,339,539.23
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0026%
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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