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BlackRock sold $228.58 million worth of Bitcoin this week
11,047 posts · 6,385 accounts · -8% vs the day before
- Bitcoin price sits near $81.5K with ~$54M of liquidations clustered around $82.4K above and ~$45M near $80.9K below, indicating a tight squeeze zone[1]
- Bitcoin steadied around $82,000 as South Korean stocks rebounded 2% and Fed rate‑hike odds fell to 15% from 27% the day before[2]
- Bloomberg Intelligence strategist Mike McGlone warned Bitcoin could tumble to $10,000 if the US stock market drops 20%, citing weak breadth under S&P highs[10][28][21]
- BlackRock sold $71.78 million of Bitcoin on the morning of Oct 17 and a total of $228.58 million this week, according to market reports[30][31]
- On‑chain activity shows roughly 35 million Bitcoin withdrawn from a Bitget treasury wallet in the past 25 minutes[3]
- Bitcoin held its $80,800 overnight low and rebounded to $81,600 during a quiet Asian session[36]
Posts cited
[1] Crypto Gates · @cryptogates_io ·
bitcoin:native is sitting near 81.5K with leverage stacked on both sides Binance heatmap: ~$54M of liquidations clustered near 82.4K above, ~$45M near 80.9K below Uptober or Rektober, this range decides who gets squeezed first Verify first #Bitcoin #BTC
Open on X[2] Blockchain Desk · @blockchaindeska ·
🚨 LATEST: Bitcoin steadied near $82,000 as South Korean stocks rebounded 2% and expectations for a Fed rate hike eased. Fed Chair Kevin Warsh avoided signaling further hikes, with October hike odds falling to 15% from 27% a day earlier. Meanwhile, the US 10-year Treasury yield briefly reached 5.13% as US stocks traded mixed.
Open on X[3] Vincent (Cryptolution) 👑 · @cryptolution101 ·
🚨 UPDATE: In the past 25 minutes, on-chain activity appears to show 35M solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u (Bitcoin) withdrawals from a @Bitget treasury wallet. Bitget solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Wallet: bc1p50n9sksy5gwe6fgrxxsqfcp6ndsfjhykjqef64m8067hfadd9efqrhpp9k
Open on X[10] Blockchain Desk · @blockchaindeska ·
Bloomberg Intelligence strategist Mike McGlone warns Bitcoin could fall toward $10,000, particularly if the US stock market suffers a 20% drawdown.
Open on X[21] Martin J · @martinjacrypto ·
🇺🇸 Bloomberg "Intelligence" warns Bitcoin could crash toward $10,000, especially if the U.S. stock market drops 20%... #btc #crypto
Open on X[28] CBM · @cryptobigmartin ·
Bloomberg's Mike McGlone warns bitcoin could revisit 10,000 if US stocks drop 20%, citing weak breadth under the S&P highs Fidelity's Timmer sees a fresh four-year cycle instead, while bitcoin:native sits near 81,600 between both camps Who's right, McGlone or Timmer?
Open on X[30] Whale Insider · @whaleinsider ·
JUST IN: BlackRock sells $71.78 million worth of $BTC.
Open on X[31] Ash Crypto · @ashcrypto ·
BREAKING: 🇺🇸 BlackRock and other ETFs sold $228.58 million worth of Bitcoin this week.
Open on X[36] CBM · @cryptobigmartin ·
Bitcoin held that 80,800 overnight low and bitcoin:native ground back to 81,600 in a quiet Asia session Ethereum is lagging again near 2,420 after dipping under 2,400, and ethereum:native still needs 2,500 back to look strong Slow weekend chop or does someone wake this market up today?
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Written by an AI model from public posts; it can be wrong. Check the sources.