BlackRock took some profit on $ETH — just a bit. In the context of their total holdings, it's not that much. But the news is being hyped up on social media: “Oh no, the whales sold all their ETH!” According to AI — not all of it. 😄

On August 1, BlackRock barely participated in ETHA sales, and outflows from IBIT (Bitcoin ETF) were minimal.

On August 4, BlackRock became a key player: it sold about 10% of its Ethereum and around 0.4% of its Bitcoin holdings within the ETFs.