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Crypto

BlackRock Clients Offload $54.8M in Bitcoin Amid Volatility

Guavy AI Editorial Team
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BTC
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BlackRock clients have sold $54.8 million worth of Bitcoin, according to a report by Whale Insider.

This development comes amid volatile fund flows in 2026 involving BlackRock's iShares Bitcoin Trust (IBIT).

Market participants interpret this as consistent with a potential decrease in Bitcoin prices.

The current market data shows a significant decrease in the likelihood of Bitcoin reaching specific price targets by the end of July, particularly $82,500, which now has a 0.2% probability.

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