BREAKING NEWS: BlackRock sold $188.7 MILLION yesterday.
What is going on? How will the market react? And what should you do? Read more details
1. The questions being raised:
Why are they doing this? And what will happen to BTC?
This is the largest sell-off since we saw the Mt. Gox and Germany sell-off
2. Let's look at the history
This situation is very reminiscent of the $9 billion liquidation of Mt. Gox and Germany
It sent BTC from $70,000 down to $50,000
But any investors understand that the market cannot crash with $20 billion in daily trading volume just from $9 billion
💥It happened due to the reaction and panic from retail sellers, who rushed to sell along with them
💥And BlackRock plans to intentionally create a similar situation
3. Currently, my advice is to stay away from the market, especially if you already have a position
This is not the best time to enter the market, wait a bit longer before 10/1/2025
The best thing you can do is simply hold or gradually take profits, depending on your goals