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Bitcoin Price Analysis: $86M Whale Buy Meets $2.75B Blackrock Sell-off Today


by Anisha Pandey
for CoinEdition
Bitcoin Price Analysis: $86M Whale Buy Meets $2.75B Blackrock Sell-off Today

Share:

  • BlackRock’s IBIT wallets sold 24,000 BTC, valued at $2.75 billion, fueling a market dip
  • The sell-off triggered $1.22 billion in long liquidations as Bitcoin fell to $104,000
  • In response, a single whale bought $86M in BTC, as other public firms also accumulated

A major battle between institutional whales is defining Bitcoin’s price action today. The market first reacted to a massive sell-off from BlackRock’s IBIT Bitcoin Trust. On-chain trackers show IBIT sold over 24,000 BTC, worth $2.75 billion. This institutional selling pushed Bitcoin down to the $104,000 level.

In response, a single, mysterious whale purchased $86 million worth of Bitcoin. This move signals significant buy-side confidence, even as BlackRock was liquidating its position.

Read The Full Article Bitcoin Price Analysis: $86M Whale Buy Meets $2.75B Blackrock Sell-off Today On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 70.25K

+0.15%

$ 0.0878

-1.26%

$ 0.00...361

$ 0.0000429

$ 0.000098


Share:

In This News

Coins

$ 70.25K

+0.15%

$ 0.0878

-1.26%

$ 0.00...361

$ 0.0000429

$ 0.000098


Share:

Read More

Bitcoin Price Prediction: Fidelity’s Timmer Calls $60K Cycle Bottom As BTC Holds $68,795

Bitcoin Price Prediction: Fidelity’s Timmer Calls $60K Cycle Bottom As BTC Holds $68,795

Bitcoin price today trades near $68,795, down slightly in the past 24 hours after tes...
Bitcoin Price Prediction: BTC Trend Weakens as $60K Emerges as the Last Defense

Bitcoin Price Prediction: BTC Trend Weakens as $60K Emerges as the Last Defense

Bitcoin’s daily chart reflects a broad shift in market structure as price action move...

Bitcoin Price Analysis: $86M Whale Buy Meets $2.75B Blackrock Sell-off Today


by Anisha Pandey
for CoinEdition
Bitcoin Price Analysis: $86M Whale Buy Meets $2.75B Blackrock Sell-off Today

Share:

  • BlackRock’s IBIT wallets sold 24,000 BTC, valued at $2.75 billion, fueling a market dip
  • The sell-off triggered $1.22 billion in long liquidations as Bitcoin fell to $104,000
  • In response, a single whale bought $86M in BTC, as other public firms also accumulated

A major battle between institutional whales is defining Bitcoin’s price action today. The market first reacted to a massive sell-off from BlackRock’s IBIT Bitcoin Trust. On-chain trackers show IBIT sold over 24,000 BTC, worth $2.75 billion. This institutional selling pushed Bitcoin down to the $104,000 level.

In response, a single, mysterious whale purchased $86 million worth of Bitcoin. This move signals significant buy-side confidence, even as BlackRock was liquidating its position.

Read The Full Article Bitcoin Price Analysis: $86M Whale Buy Meets $2.75B Blackrock Sell-off Today On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 70.25K

+0.15%

$ 0.0878

-1.26%

$ 0.00...361

$ 0.0000429

$ 0.000098


Share:

In This News

Coins

$ 70.25K

+0.15%

$ 0.0878

-1.26%

$ 0.00...361

$ 0.0000429

$ 0.000098


Share:

Read More

Bitcoin Price Prediction: Fidelity’s Timmer Calls $60K Cycle Bottom As BTC Holds $68,795

Bitcoin Price Prediction: Fidelity’s Timmer Calls $60K Cycle Bottom As BTC Holds $68,795

Bitcoin price today trades near $68,795, down slightly in the past 24 hours after tes...
Bitcoin Price Prediction: BTC Trend Weakens as $60K Emerges as the Last Defense

Bitcoin Price Prediction: BTC Trend Weakens as $60K Emerges as the Last Defense

Bitcoin’s daily chart reflects a broad shift in market structure as price action move...