BlackRock was trending heavily on X on Friday, February 28, as Bitcoin‘s (BTC) price plummeted below the $80,000 mark, reaching its lowest level since the start of 2025. As panic spread, speculation arose that BlackRock was offloading its Bitcoin holdings.
One particularly viral claim came from Crypto Beast, a well-known account with over 658,000 followers, suggesting that BlackRock had dumped as much as $500 million worth of BTC on February 27. The claim sparked heated discussions, with many questioning whether the world’s largest asset manager was actively contributing to Bitcoin’s decline.
🚨 BREAKING 🚨
BLACKROCK JUST SOLD AN EXTRA $500M WORTH OF CRYPTO. THEY ARE SELLING EVERYTHING pic.twitter.com/e5FCdHIDAc
— Crypto Beast (@cryptobeastreal) February 27, 2025
Deep dive into the IBIT sales
However, a closer look at the data paints a different picture. According to the Arkham analysis, BlackRock’s iShares Bitcoin Trust (IBIT) still holds approximatel
We współpracy z: https://finbold.com/is-blackrock-dumping-bitcoin/
