BlackRock clients dump $177.95 mln in Bitcoin – Is a deeper correction coming?
The post BlackRock clients dump $177.95 mln in Bitcoin – Is a deeper correction coming? appeared on BitcoinEthereumNews.com. BlackRock clients reportedly sold $177.95 million worth of Bitcoin, adding fresh uncertainty to the market’s institutional outlook. The reported sale arrived as Bitcoin continued trading near a critical support region rather than near cycle highs. Such activity raised questions about whether large investors had started reducing risk after months of volatile price action. Although one transaction rarely defines a broader trend, the size of the sale remained significant enough to attract attention across the market. Investor sentiment appeared cautious afterward, especially as Bitcoin struggled to reclaim higher resistance levels. Exchange withdrawals tell a different story While institutional selling concerns increased, exchange flow data painted a different picture. Bitcoin recorded net outflows of $17.31 million during the latest session, indicating that mor