It's not good, people are taking profits. It will go down before it goes up again.
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Crypto_zer_o
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🚨 BLACKROCK SELLS $220M WORTH OF $BTC 🚨
Before anyone panics, let’s clear the FUD 👇
This doesn’t mean Larry Fink or “BlackRock itself” is dumping Bitcoin. What’s actually happening is:
◻️BlackRock runs the IBIT Spot Bitcoin ETF.
◻️When investors redeem their ETF shares, BlackRock must sell the equivalent BTC to match those outflows.
◻️If tomorrow investors buy back in, BlackRock will buy $BTC again for the fund.
So it’s not BlackRock betting against Bitcoin — it’s just ETF mechanics + client flows.
👉 Always important to understand the difference before calling it a “dump.”
⚠️ So don’t depend on this as an indicator for market direction.📉📈
#BTC #bitcoin
#blackRock
#Whale.Alert
#CryptoNews
Before anyone panics, let’s clear the FUD 👇
This doesn’t mean Larry Fink or “BlackRock itself” is dumping Bitcoin. What’s actually happening is:
◻️BlackRock runs the IBIT Spot Bitcoin ETF.
◻️When investors redeem their ETF shares, BlackRock must sell the equivalent BTC to match those outflows.
◻️If tomorrow investors buy back in, BlackRock will buy $BTC again for the fund.
So it’s not BlackRock betting against Bitcoin — it’s just ETF mechanics + client flows.
👉 Always important to understand the difference before calling it a “dump.”
⚠️ So don’t depend on this as an indicator for market direction.📉📈
#BTC #bitcoin
#blackRock
#Whale.Alert
#CryptoNews
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