Mystery Investor Offloads $1.26B in BlackRock Bitcoin ETF (IBIT) — Analysis Inside
The post Mystery Investor Offloads $1.26B in BlackRock Bitcoin ETF (IBIT) — Analysis Inside appeared on BitcoinEthereumNews.com. Key Takeaways An unidentified investor liquidated $1.26 billion in BlackRock’s IBIT holdings through a single off-exchange block transaction on May 26 The sale included a 2.3% discount — roughly $29.5 million — indicating urgency trumped price optimization Crypto investment firm NYDIG dismissed basis trade liquidation theories, citing the steep discount and absence of corresponding CME bitcoin futures activity The holding size exceeded any individual IBIT position reported in recent 13F disclosures, complicating identification efforts Spot bitcoin ETFs in the U.S. experienced consecutive daily outflows between May 15 and May 29, with aggregate assets declining from $107.75 billion to $94.17 billion A mysterious investor unloaded $1.26 billion in BlackRock’s iShares Bitcoin Trust holdings through a massive off-exchange transaction on May 26. The unprecedented