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Posted: 2025-05-03 05:11:29 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-03 05:11:44 UTC
Verified By
Rollup News
BlackRock purchased $674.9M worth of Bitcoin in a single day, which is approximately 15 times the daily mined amount. Spot ETFs now hold 1.34M BTC, with over $4B inflows in 14 consecutive days. $3.1B in shorts are positioned to be impacted as Bitcoin approaches $100k.
Significant Bitcoin purchase by BlackRock
Large inflows into spot ETFs
Potential impact on Bitcoin shorts
Negative funding rates