Coin World News, Coin Bureau reported that BlackRock recently saw its largest Bitcoin outflow in history. Its single-day net outflow was 7,432 Bitcoins, worth approximately $446 million, which were deposited into Coinbase Prime. This is also its largest single-day net outflow in Bitcoin. In addition, BlackRock transferred 8,150 Ethereum, worth approximately $13 million. The move came after its spot Bitcoin ETF IBIT experienced $1.3 billion in outflows last week—its second-largest weekly redemption since launch. According to Bespoke data, the average investor in IBIT is currently down by about 40%.

BTC-1.43%
ETH-1.20%
IBIT-1.15%
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DancingOnTheEdgeOfLiquidation
· 2h ago
From $1.3 billion in weekly redemptions to a single-day outflow of $446 million—if this trend continues, the ETF narrative may face pressure.
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NFTeaTime
· 3h ago
IBIT average loss of 40%, it's not easy being the leeks chasing institutions' highs.
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BlueGlassJelly
· 3h ago
7432 BTC dumped just like that, ordinary players are trembling.
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