Don't just focus on today's market data; last Friday's performance of the BTC Spot ETF has already revealed a lot of signals.
BlackRock just accumulated some net inflows a couple of days ago, but on Friday it immediately turned to net outflows, and the scale of outflow was the largest among all ETFs. After reviewing a lot of on-chain data, I found that BlackRock's IBIT has recently seen a large amount of funds flowing towards the US stock market.
However, that being said, even with this wave of capital rotation, BlackRock still holds 776,475 BTC, and IBIT is now also their main source of profit. The actions of institutions are worth continuous attention.
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NFT_Therapy
· 3h ago
BlackRock's moves this time are really interesting. What are they playing at, going in and out like this? They’re still daring to sell with 7.76 million bitcoins in hand?
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StakeTillRetire
· 20h ago
The net outflow from BlackRock is indeed fierce, but holding 770,000 BTC is still quite steady. To put it simply, it's just that the funds are looking for an exit.
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zkNoob
· 12-02 00:50
As for BlackRock's recent moves, how should I put it... going in and out, it looks quite concerning. However, holding more than 760,000 BTC shows that they are not afraid at all. The small actions of institutions are indeed worth paying attention to.
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LiquidatedThrice
· 12-02 00:47
BlackRock's recent dump is really harsh, with the largest net outflow, and they still dare to talk about profit sources... I just want to know if they will continue to Rug Pull next week.
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LiquidityWitch
· 12-02 00:38
BlackRock's recent moves are really playing a psychological game, constantly entering and exiting, leaving retail investors dazzled.
Don't just focus on today's market data; last Friday's performance of the BTC Spot ETF has already revealed a lot of signals.
BlackRock just accumulated some net inflows a couple of days ago, but on Friday it immediately turned to net outflows, and the scale of outflow was the largest among all ETFs. After reviewing a lot of on-chain data, I found that BlackRock's IBIT has recently seen a large amount of funds flowing towards the US stock market.
However, that being said, even with this wave of capital rotation, BlackRock still holds 776,475 BTC, and IBIT is now also their main source of profit. The actions of institutions are worth continuous attention.