BlackRock recently sold a significant amount of Bitcoin, triggering a sharp market drop. According to reports, they sold 5,100 Bitcoin (BTC) worth $409 million ¹. This sale, combined with other outflows, resulted in a total of $441 million in Bitcoin being sold ². The BlackRock iShares Bitcoin Trust (IBIT) also saw a massive withdrawal of funds, with $418 million in BTC being sold in a single day ². These moves have contributed to BlackRock's IBIT controlling over 50% of the Bitcoin ETF market share, despite a three-day selling streak ³