BLACKROCK JUST STARTED LIQUIDATING ALL $BTC BITCOIN AHEAD OF THE U.S. FUTURES MARKET OPEN
BTC
67,876.51
-3.57%
THEY DUMPED $120 MILLION IN 5 MINUTES AND KEEP DUMPING EVEN MORE RIGHT NOW.
LOOKS LIKE THEY KNOW MORE BAD NEWS IS COMING TODAY...
Don’t worry we ain’t cooked
Those Arkham txs are standard BlackRock IBIT ETF redemption flows to Coinbase (APs redeeming shares for BTC). Not "liquidating all" IBIT still holds ~780k+ BTC.
BTC sitting $68.8k right now, down a bit but no crash.
Spot ETF flows mixed lately ($164M net out yesterday, inflows before).
Your stack's fine; market's volatile as always