BlackRock Sells 10,000 BTC Worth $900 Million This Week

BlackRock has offloaded approximately 10,000 Bitcoin this week, representing roughly $900 million in value. On November 20, the asset manager sold around 4,140 BTC valued at approximately $356 million, data show. The persistent outflows have coincided with a sharp market correction, with Bitcoin dropping to nearly $80,000 on Friday before recovering to $82,220.