BlackRock clients offloaded around $117M worth of BTC and $45M in $ETH during the recent
market downturn 🤥.
While BlackRock itself isn't liquidating crypto positions institutional client outflows still have a, strong market impact.
For example:
• Price pressure: Large-scale selling increases
circulating supply, which can push prices lower.
Market sentiment impact: institutional exits often signal risk of behavior influenced by macro, uncertainty geopolitical risks or capital shifting toward traditional safe assets like gold or bonds.
In your view, are these moves just temporary risk management or a sign of deeper institutional caution? #VitalikSells #BTCminigDificultyIncrease