@0xwhizzy
*BlackRock sold $5 billion dollars in BTC*
📉 In just one week, BlackRock’s bitcoin holdings dropped by more than $5 billion dollars coinciding with a period of price decline.
✅ As of August 20, BlackRock held 749,940 BTC worth $87.22 billion. By August 27, these assets had decreased to 744,590 BTC worth $81.74 billion.
According to Arkham, 300 BTC tranches (about $33.5 million each) are being transferred from the IBIT