📉 In just one week, BlackRock's Bitcoin savings have decreased by more than $5 billion, coinciding with the period of price decline.
✅ As of August 20, BlackRock held 749,940 BTC worth $87.22 billion. By August 27, these assets had decreased to 744,590 BTC worth $81.74 billion.
According to Arkham, 300 BTC ( tranches of about $33.5 million each ) are being transferred from the IBIT Bitcoin ETF wallet cluster to other addresses. More than a dozen such transactions have been recorded in just the last 12 hours.
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🟠 BlackRock sold BTC for $5 billion
📉 In just one week, BlackRock's Bitcoin savings have decreased by more than $5 billion, coinciding with the period of price decline.
✅ As of August 20, BlackRock held 749,940 BTC worth $87.22 billion. By August 27, these assets had decreased to 744,590 BTC worth $81.74 billion.
According to Arkham, 300 BTC ( tranches of about $33.5 million each ) are being transferred from the IBIT Bitcoin ETF wallet cluster to other addresses. More than a dozen such transactions have been recorded in just the last 12 hours.