Analyst: IBIT executed a single large block trade of approximately $1.3 billion, and the BTC price was not significantly affected

PANews May 27 News, Bloomberg ETF analyst Eric Balchunas posted on X that IBIT executed a trade of 29 million shares at 10:30 AM Eastern Time today, valued at approximately $1.3 billion. Based on IBIT's trading volume distribution for the day, this trade size was significantly higher than other trades. IBIT's price was not noticeably affected that day, and the market absorbed it well.
IBIT0.11%
BTC-1.7%
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