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🐋 WHALE WATCH: Reports are swirling that Blackrock is selling Bitcoin based on recent Arkham data. It looks like they pulled about 1,768 $BTC out of Coinbase Prime amid the wider market slowdown.
This is standard institutional repositioning when liquidity gets tight and risk appetite drops. Large entities shuffling funds to exchanges or cold wallets usually triggers short term panics but it rarely changes the macro structure.
I am watching how the spot market absorbs this distribution before catching any falling knives.
Are you bidding the dip here or waiting for the dust to settle?