Everyone keeps asking:
“Did BlackRock dump Bitcoin?”
Here’s what actually happened
Over the last 2 months, Bitcoin wallets linked to BlackRock’s ETF (IBIT) moved large amounts of BTC to Coinbase Prime. Whenever institutions do that, the market gets nervous — and honestly, for a good reason.
Does this mean BlackRock is bearish on BTC?
No. Not really.
Most of these moves happen because: • ETF investors are taking profits
• Redemptions are happening
. Risk is being reduced during volatility
But here’s the part traders feel immediately
When this much BTC hits exchanges, short-term selling pressure increases. That’s why price looked heavy, rallies got sold fast, and recovery felt slow.
Nothing “mystical” here.
Just big money adjusting positions.
Simple takeaway:
Institutions shake the market short term.
Structure decides the real direction.
If you’re trading emotionally, these moves hurt.
If you’re patient and disciplined, they create opportunity.
Bitcoin hasn’t changed.
Only the hands holding it have.
#bitcoin #blackRock #crypto #MarketStructure #BinanceSquare