BlackRock (NYSE: BLK) has actively accumulated Bitcoin (BTC), especially for the exchange-traded fund (ETF) managed by its subsidiary, iShares (IBIT). Yet, investors wonder if BlackRock is selling its BTC in the face of the recent crash that suddenly shifted the cryptocurrency market‘s sentiment.
According to the on-chain analyst known as Maartun, BlackRock could indeed be selling Bitcoin today, on August 7. As reported, monitored BlackRock wallets moved 632 BTC to a recently created wallet. However, the analyst explained that he is unsure whether this is a selling activity on Coinbase or an internal transaction.
Transaction 05b1c01a29040d3bca0edb5ca3d8ca822b86402a7e89e61e87da4f6be21fbca3. Source: mempool.space
BlackRock’s “not selling” previous behavior
Previously, Maartun surprisingly pointed out that BlackRock’s wallets remained untouched despite the crash, following up with the recent analysis.
🎯 BlackRock Selling?
The on-chain wallets of BlackRock (bc
We współpracy z: https://finbold.com/is-blackrock-selling-its-bitcoin/
