Someone just sold $1.3 BILLION in BlackRock Bitcoin ETF shares.
Through a dark pool. Anonymously. In one trade.
And nobody knows who.
Let me explain what a dark pool sale means โ because this is important.
Dark pools are private exchanges where large institutions trade without revealing their identity or intentions. They're used when the trade is too large for public markets โ because publicly selling $1.3 billion in one go would crash the price.
Someone sold 29.2 million IBIT shares โ $1.3 billion โ in a single dark pool transaction.
Who does that?
Not retail. Not small funds. Sovereign wealth funds. Central banks. Massive institutional entities.
But here's the critical question: why?
Possibility 1: Profit-taking after a strong run โ normal rotation
Possibility 2: Rebalancing a larger portfolio โ institutional mechanics
Possibility 3: Someone who knows something โ concerning
Here's what the data says AFTER the sale:
โ
Exchange reserves: still at 7-year lows โ nobody else selling
โ
14.84M inactive BTC: not moved at all
โ
CME 24/7: launches TOMORROW โ May 29
โ
$6B options expiry: TOMORROW โ biggest of 2026
โ
BTC volume: 43.70% spike โ buyers absorbing the sale
๐
$BTC today:
โ Price: $74,879 โ absorbing the dark pool sell
โ Support: $74,000 โ critical floor
โ Dark pool sale: absorbed without breaking support โ
โ Tomorrow: CME 24/7 + $6B expiry โ biggest day of May
$1.3 billion sold. Support held.
Tomorrow answers everything.
#Bitcoin #DarkPool #BlackRock #BinanceSquare #ETHDropsBelow$2000