coin-img-ETHETH-0.49%coin-img-BTCBTC-1.06%coin-img-HYPEHYPE+4.22%coin-img-SOLSOL-0.34%coin-img-XRPXRP-0.41%coin-img-USDCUSDC+0.07%coin-img-NEARNEAR-4.64%coin-img-TRXTRX+0.08%coin-img-ETHETH-0.49%coin-img-BTCBTC-1.06%coin-img-HYPEHYPE+4.22%coin-img-SOLSOL-0.34%coin-img-XRPXRP-0.41%coin-img-USDCUSDC+0.07%coin-img-NEARNEAR-4.64%coin-img-TRXTRX+0.08%coin-img-ETHETH-0.49%coin-img-BTCBTC-1.06%coin-img-HYPEHYPE+4.22%coin-img-SOLSOL-0.34%coin-img-XRPXRP-0.41%coin-img-USDCUSDC+0.07%coin-img-NEARNEAR-4.64%coin-img-TRXTRX+0.08%coin-img-ETHETH-0.49%coin-img-BTCBTC-1.06%coin-img-HYPEHYPE+4.22%coin-img-SOLSOL-0.34%coin-img-XRPXRP-0.41%coin-img-USDCUSDC+0.07%coin-img-NEARNEAR-4.64%coin-img-TRXTRX+0.08%
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George Georgiev

Bitcoin Slips Near $75,000 as Traders Focus on a $1.289B IBIT Block Sale

Bitcoin fell to nearly $75,000, down about 2% on the day, after a sudden selloff drew attention to flows around BlackRock's spot BTC ETF, IBIT. Analysts highlighted a $1.289 billion IBIT block trade involving 29 million shares, and some traders said the timing lined up with BTC's sharp downside move. The trade was reported as occurring at 10:30 AM yesterday, fueling speculation about potential ETF outflows.
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BTC-1.09%
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