CryptoBearishBitcoinist · 3h ago7/10
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Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail
Major Bitcoin holders including BlackRock's iShares Bitcoin Trust (IBIT) and a Satoshi-era miner executed significant sell-offs totaling over $1 billion in the past week, with IBIT experiencing consecutive daily redemptions and the miner moving $203 million to OTC desks. Despite these large institutional exits, Bitcoin maintained support above $74,000, suggesting underlying demand cushioned the selling pressure.
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