๐Ÿšจ Latest: BlackRock sells 8,172 Ethereum worth $18.4 million!

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๐Ÿ’ฐ Deal details:

โ€“ BlackRock sold 8,172 ETH

โ€“ For a total value estimated at $18.4 million

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๐Ÿ“‰ Notable timing:

โ€“ The deal came amid fluctuations in the cryptocurrency market

โ€“ And coincided with selling pressures from other institutions

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๐Ÿ” Is this a negative indicator?

โ€“ Not necessarily, it could be:

โ—พ A rebalancing of an investment portfolio

โ—พ Or a temporary step to take profits

โ€“ BlackRock remains one of the largest institutional supporters of Bitcoin and cryptocurrencies

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๐Ÿ“Š Market watchers are wondering:

โ€“ Is this a signal of an upcoming decline?

โ€“ Or just a passing correction in an upward trend?

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โ“Do you see this step as an indicator of institutional exit? Or a buying opportunity?

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