Mystery Investor Offloads $1.26B in BlackRock Bitcoin ETF (IBIT) — Analysis Inside

The post Bitcoin Stalls Near $73K as $1.26B IBIT Block Hits, Kraken Plans US Perps appeared on BitcoinEthereumNews.com. Bitcoin News A $1.26 billion off-exchange block sale of BlackRock’s iShares Bitcoin Trust executed on May 26 appears to reflect a single large investor seeking a rapid exit rather than a hedge-fund unwind. Roughly 29.21 million IBIT shares changed hands at $43.16, a $1.01 discount to the prevailing $44.17 market price — a 2.3% concession totaling about $29.5 million in execution cost. Research circulated this weekend noted that the magnitude of the discount points to a seller prioritizing speed and certainty over price. The transaction cleared through the FINRA/Nasdaq TRF Carteret venue, which institutions typically use for privately negotiated trades. Analysts pushed back on the theory that the trade represented a closed basis position. Such a strategy — long spot Bitcoin via ETF, short CME futures — would have lost meaningful expected return at a 2.3% execution hair

The post Citi Sees $5.5T Tokenized Market by 2030 as $1.3B IBIT Block Trade Signals Whale Exit appeared on BitcoinEthereumNews.com. Crypto News A $1.26 billion block trade in BlackRock’s iShares Bitcoin Trust (IBIT) executed on a dark pool last week likely reflected a single whale liquidating a concentrated directional position rather than a routine basis-trade unwind. The seller offloaded 29.2 million shares at $1.01 below the prevailing market price of $44.17, effectively paying a $29.5 million premium for immediate execution. Research from financial services firm NYDIG flagged that the use of a private venue, the size discount, and the urgency profile all point to one sophisticated holder cutting exposure. Bitcoin slid 2.8% on the day, yet markets absorbed the supply with notable orderliness. Citi published a forecast projecting the global tokenized securities market will surge from roughly $17 billion today to $5.5 trillion by 2030 in its base case, with a bullish range stretching

NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.

The post Bitcoin (BTC) Spot ETFs Record $1.42B in Weekly Outflows as Price Tumbles to $73K appeared on BitcoinEthereumNews.com. Key Takeaways Spot Bitcoin ETFs in the United States experienced $1.42 billion in net redemptions over the past week — marking the third-largest weekly outflow in history. BlackRock’s IBIT fund dominated the exodus with approximately $966 million in outflows, including a single-day withdrawal of $448 million. ETF issuers liquidated roughly 19,021 BTC within seven days — equivalent to 42 days’ worth of fresh mining production. Bitcoin’s value declined more than 4% over the week, settling near the $73,000 mark. Broader economic factors — persistent inflation data, climbing Treasury yields, and international tensions — continue fueling investor retreat. Bitcoin retreated more than 4% during the past week, settling around the $73,000 level after temporarily climbing back above $82,000 in May. This downturn coincided with substantial capital flight from US spot Bit

The post Bitcoin News: A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor, NYDIG says appeared on BitcoinEthereumNews.com. A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. That’s according to an analysis published by crypto investment firm NYDIG. The transaction took place on May 26, when 29.21 million IBIT shares changed hands off-exchange at $43.16 per share. The trade was executed at a $1.01 discount to IBIT’s market price of $44.17 at the time, representing a 2.3% concession and roughly $29.5 million in execution costs. Large BIT block trade. (NYDIG) NYDIG said the size of the discount suggests the seller prioritized certainty and speed over maximizing price. The trade was reported through the FINRA/Nasdaq TRF Carteret facility, which is commonly used for pri

The post Bitcoin Price Prediction: BTC Flashes TD Sequential Buy Signal as $72K Support Holds, $79K Retest in Sight appeared on BitcoinEthereumNews.com. As the BTC price continues to trade above $72,000, traders are closely monitoring whether the market can build enough momentum to challenge resistance levels near $79,000. Recent chart signals, combined with key Fibonacci support levels and institutional interest through spot Bitcoin ETF products, have brought renewed attention to the short-term outlook for the world’s largest cryptocurrency. TD Sequential Indicator Signals Potential BTC Rebound Market analyst Ali Martinez, known online as Ali Charts, recently highlighted a bullish development on Bitcoin’s 12-hour chart. According to the analyst, Bitcoin has printed a TD Sequential “9” buy signal near the $73,900 level. Bitcoin flashed a TD Sequential buy signal, suggesting a potential rebound toward the $75,000 level. Source: Ali Martinez via X The TD Sequential indicator is designed

The post BlackRock accelerates crypto sale after dumping over $1.2 billion of these assets appeared on BitcoinEthereumNews.com. BlackRock has sharply increased its crypto ETF selling activity, recording more than $1.21 billion in combined Bitcoin (BTC) and Ethereum (ETH) fund outflows over the past week.  Data on spot crypto ETF flows show that BlackRock’s Bitcoin and Ethereum funds experienced sustained outflows over multiple trading sessions, with Bitcoin accounting for the vast majority of withdrawals.  The development comes as cryptocurrency markets face renewed volatility and profit-taking following earlier gains. The largest share of the outflows came from BlackRock’s iShares Bitcoin Trust (IBIT), which recorded net withdrawals totaling approximately $1.04 billion over the period. The heaviest single-day outflow occurred on May 27, when investors pulled $527.8 million from the fund. The selling continued on May 28 with another $177.9 million in withdrawals, followed by $68.2 mill

The post Youtuber Warns Bitcoin Bottom Is Not In as Stablecoin Dominance Hits Risk-off Level – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Tether burned $1.2 billion in 24 hours on May 31, matching a pattern that preceded Bitcoin’s drop from $90,000 to $60,000 in February 2026. Blackrock removed $2.1 billion in bitcoin over ten days while firms like Strive acquired 1,100 BTC in a single session, reflecting a split in institutional conviction. Polymarket priced an 85% chance Bitcoin reaches $70,000 before $90,000, with TradingView moving averages confirming a strong sell posture at current levels. 1-Hour Chart: Compression at Resistance On the 1-hour chart, bitcoin has built a series of higher lows since testing $73,100, which is a structure that hints at short-term buying interest. However, price has repeatedly been rejected near $74,100 to $74,200, and the repeated ceiling tests have compressed price into an increasingly tight range. The intraday support zone sits