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NYDIG suggests $1.3B IBIT sale was whale exiting directional trade

Cointelegraph.com News·
NYDIG suggests $1.3B IBIT sale was whale exiting directional trade
AI Analysis

NYDIG's Greg Cipolaro suggests that a recent $1.3 billion sale of BlackRock's IBIT indicates a large investor exited a position, sacrificing potential profits for quick execution. This move points to a bearish sentiment among significant holders in the market.

Key Topics

NYDIGBlackRockIBIT

Originally reported by Cointelegraph.com News. Read the full article ↗

NYDIG suggests $1.3B IBIT sale was whale exiting directional trade | AI Crypto Daily Wire