On-chain intelligence platform Arkham has flagged that BlackRock is actively selling Bitcoin, a signal that carries outsized weight given the asset manager's status as the world's largest ETF issuer and the dominant force behind institutional BTC accumulation over the past year.
BlackRock's IBIT has been the flagship vehicle driving institutional inflows into spot Bitcoin since its January 2024 launch, making any confirmed selling activity a material shift in the narrative. When the largest institutional holder moves from accumulation to distribution, the market reads it as a directional signal — not noise.
The scale and duration of the selling remain unconfirmed beyond Arkham's alert, but the source's on-chain tracking methodology is widely followed by professional traders. Investors will be watching closely for corroborating flow data in the coming sessions.
CoinTelegraph