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I noticed that BlackRock has moved approximately $20.9 million worth of Bitcoin. Interestingly, such large movements by institutional players always attract market attention. It could be a transfer of assets or just a portfolio rebalancing.
In general, when you see such sales volumes of $20.9M from a serious fund, you start to think about what’s happening on a macro level. Maybe they see some risks or are simply taking profits. In any case, it deserves the attention of traders.