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Alex E
Alex E
Big moves from institutional players yesterday. BlackRock clients sold off a significant chunk of their crypto exposure on May 18. Here are the numbers: - Bitcoin: -5,847 BTC sold, worth roughly $448 million at ~$76,676 per BTC - Ethereum: -27,275 ETH sold, worth about $57.5 million at ~$2,111 per ETH Despite the sell-off, BlackRock's remaining holdings are still massive. Current IBIT BTC holdings: 811,290 BTC, valued at around $63 billion Current ETHA + ETHB holdings: 3.35 million ETH, worth about $7.2 billion Plus, BlackRock has 226,834 ETH staked, valued at roughly $480 million This is a clear signal that even the biggest whales are taking some profits or rebalancing. Not panic selling, but active portfolio management at scale. Watch how the market digests this. Institutional flows like these often set the tone for the week ahead. Always do your own research. Not financial advice.

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