The beginning of the week in the crypto market turned out to be turbulent: a sharp drop in the price of Bitcoin triggered a wave of panic. But if you dig deeper, the picture looks like a carefully planned game by major players.
Fact: one of the giants on Wall Street, BlackRock, sold BTC worth about $500 million in a day. For retail, this seems like a huge amount, but for a fund with trillions in assets — it’s just a snap of the fingers.
Why?
Possible scenario:
1. Artificial dump of BTC. The price drops sharply.
2. FUD in the media. Panic is triggered: 'Bitcoin is crashing.'
3. Pressure on MicroStrategy. The company holds 2.9% of all BTC, but its stocks are already vulnerable. Creditors may demand repayment of debts → they are left with no choice but to sell Bitcoin.
4. Buyout at the bottom. When the crowd sells in panic, 'smart money' starts quietly buying cheaper.
It is important to understand: BlackRock officially owns over 11.2 million shares of MicroStrategy (~5% of the company). This means that the fate of MicroStrategy directly affects their interests. The lower the stock price and the greater the debt pressure, the higher the chance that MicroStrategy will be forced to sell its BTC.
And here an opportunity window opens:
MicroStrategy loses — BlackRock gains cheap access to Bitcoin.
Panic in the media — retail investors are selling off.
After this, the market receives a new upward impulse.
What’s the intrigue?
BlackRock already controls about 3.5% of the total global Bitcoin supply through ETFs. At first glance, it seems little. But if they increase their share to at least 7-10%, the influence on the price of BTC will be colossal.
And the most interesting thing: according to some analysts' forecasts, after these 'soft manipulations,' a surge to a new historical maximum is possible in the fall. This means that those who manage not to succumb to panic may actually profit.
BlackRock does not intend to 'kill' MicroStrategy. They just need to slightly 'rock the boat' to gain access to cheap coins and hold the market even tighter.
But for us, the main lesson is one: the market is not chaotic; it is managed. And the sooner we learn to see the logic of the big players, the less likely we are to become mere shrimp for them.
