Here’s a rewritten version of your paragraph in my own words:
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August 21, 2025 — The crypto market is on edge after reports surfaced that BlackRock, the world’s biggest asset manager, has started offloading massive amounts of Bitcoin (BTC) and Ethereum (ETH), worth hundreds of millions of dollars.
Although exact details are still unclear, on-chain data shows unusually large sell orders tied to wallets linked with BlackRock’s crypto funds. This unexpected selling spree has sparked heavy debate in the digital asset community.
Some experts suggest BlackRock might simply be rebalancing its portfolio, securing profits after the recent price rallies in BTC and ETH. Others worry it could point to a deeper shift in institutional confidence, possibly adding pressure on the market in the short run.
The reaction was immediate:
Bitcoin dipped after failing to break above key resistance.
Ethereum also dropped, with traders cautious about further declines if selling continues.
BlackRock has played a major role in pushing crypto into the mainstream. Its spot Bitcoin ETF, approved earlier this year, was considered a milestone for institutional adoption. Any significant withdrawal from the market by BlackRock could therefore have serious short-term consequences.
On social media, speculation is rampant — some think this is tied to regulatory concerns or even a strategy to accumulate at lower prices. Bulls see it as a potential shakeout before the next rally, while bears warn it could mark the start of a wider correction.
Other top coins also felt the pressure:
XRP dropped 3.02% to $2.8504
BNB fell 2.2% to $849.1
For now, all eyes are on market order books as traders try to figure out if BlackRock’s moves are just a short-term adjustment or the beginning of a major strategic shift in institutional crypto investment.
