BlackRock has increased its holdings by more than 25,000 Bitcoins in the past 7 days. Logically, it should rise, right? As a result, BTC has dropped below 93,000 USDT, and over 77 million US dollars in liquidations occurred across the network in the past hour, mainly affecting long positions. It's really frustrating!
According to Lookonchain monitoring, BlackRock's Bitcoin spot ETF (IBIT) has increased its holdings by 25,430 Bitcoins in the past 7 days, worth approximately 2.37 billion US dollars. As of now, IBIT's total holdings amount to 601,209 Bitcoins, with a total value of about 56.11 billion US dollars (based on the latest market price). $BTC
