🚨 Urgent: BlackRock clients continue to sell aggressively!
On Friday, March 27, BlackRock's funds witnessed a massive wave of withdrawals and sales of Bitcoin and Ethereum, in a notable move that reflects a clear tension within the market. 📉🔥
💥 Outflow details:
🔻 Bitcoin (BTC):
3,061 BTC sold
worth approximately $201.53 million
🔻 Ethereum (ETH):
15,579 ETH sold
worth approximately $30.94 million
📊 Despite the selling... BlackRock still holds mountains of crypto
🟠 Total Bitcoin holdings of the $IBIT fund:
782,180 BTC
worth a staggering $52.8 billion
🟣 Total Ethereum holdings of the $ETHA + $ETHB funds:
3,220,805 ETH
worth around $6.60 billion
⚡ The most important surprise: BlackRock increases its bet on Ethereum!
Despite the selling wave, BlackRock did not completely retreat from ETH, but on the same day:
✅ Added 33,668 ETH
to staking positions
worth approximately $69 million
🔒 Total Ethereum staked with BlackRock:
$USDC 132,775.6 ETH
worth approximately $272 million
🧠 What does this mean for the market?
These figures send a dual and dangerous signal:
On one hand: there is a clear outflow of liquidity from the market
On the other hand: there is a long-term strategic hold on Ethereum
$BTC This means that institutions may be: lightening their short-term positions... but they are still betting on the future
🌍 The bigger picture is becoming increasingly tense:
These moves came concurrently with:
📉 A strong drop in Asian stocks
🛢️ Oil rising above $116
⚠️ Escalating fears in global markets
This explains why smart money has started to move with great caution.
🔥 In conclusion:
BlackRock is selling… but it is not withdrawing.
The market is now at a very sensitive stage that could determine the direction of Bitcoin and Ethereum in the coming days.
Are we facing a temporary correction?
Or are institutions really beginning to reposition before a larger move? 👀
#Bitcoin #Ethereum #IBIT #ETHA #ETHB