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⛓️ Crypto🔴 BearishActionable
Is BlackRock Selling Bitcoin? $260 Million in 24-Hour Flow Spotted
🤖AI Summary
BlackRock moved approximately $260-300 million worth of Bitcoin from Coinbase Prime in a 24-hour period, raising questions about potential selling activity. This large-scale movement occurs as cryptocurrency markets seek stabilization.
Key Takeaways
- →BlackRock transferred nearly $300 million in Bitcoin from Coinbase Prime within 24 hours
- →The movement raises speculation about whether BlackRock is selling its Bitcoin holdings
- →This activity occurs during a period when crypto markets are seeking stabilization
- →Large institutional movements like this can signal potential market direction changes
#blackrock#bitcoin#institutional-trading#coinbase#market-movements#btc#selling-pressure#crypto-flows
Read Original →via U.Today
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