BlackRock Just Triggered the Largest Bitcoin Sell in History
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BlackRock just deposited 7,432 Bitcoin, worth roughly $446 million, to Coinbase Prime. The transfer was spotted by blockchain monitoring platform LookonChain and is tied to BlackRock’s ETF operations, specifically the iShares Bitcoin Trust (IBIT). This is BlackRock’s largest single-day net Bitcoin outflow ever. The move also included 8,150 Ethereum. What This Actually Means Coinbase Prime
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