Finbold
2025-11-29 20:47:23

BlackRock dumped over $100 million of this crypto in a week

As the cryptocurrency market , led by Bitcoin ( BTC ), showed signs of recovery, BlackRock , the world’s largest investment firm, continued offloading the maiden crypto. Its iShares Bitcoin ETF (IBIT) recorded significant outflows in the week from November 21 to November 28, 2025, totaling $113.70 million. On November 21, the ETF saw an outflow of $122 million, followed by another $149.1 million on November 22. The next two days brought some relief, with inflows of $83 million on November 23 and $61.5 million on November 24. However, this brief recovery was overshadowed by a sharp outflow on November 25, pushing the total net outflow for the week to $113.7 million. Despite the mix of inflows and outflows, the net negative movement remains a red flag. After outflows of $271.1 million in the first two days, the inflows that followed were not enough to offset the heavy losses. Bitcoin ETFs inflows. Source: Coinglass Indeed, the outflows are likely to add more pressure to Bitcoin’s price, which is struggling to maintain the $90,000 support zone. Even so, on-chain data suggests the asset may see sustained gains in the coming days. Bitcoin shows signs of market bottom In this case, data shared by Ali Martinez in a November 29 X post shows Bitcoin nearing a key “low-risk” zone based on its Sharpe Ratio, a measure of risk-adjusted returns. Historically, when this ratio dips into the green band, it has coincided with discounted prices and strong accumulation periods for long-term investors . Bitcoin $BTC is getting closer to the “low-risk” zone. This is an area that often offers solid opportunities for dip buyers. pic.twitter.com/0XAMkFKrTP — Ali (@ali_charts) November 29, 2025 The latest data indicates a sharp drop in the Sharpe Ratio, mirroring past cycles that preceded major recoveries. Bitcoin’s price has also softened, pulling back from recent highs and approaching levels that typically attract dip buyers. While the indicator doesn’t guarantee a market bottom, its move toward the low-risk zone has often signaled favorable long-term entry points as sentiment cools and risk metrics reset. Bitcoin price analysis By press time, Bitcoin was trading at $90,520, down about 0.5% in the past 24 hours, while gaining over 7% on the weekly timeframe. Bitcoin seven-day price chart. Source: Finbold As things stand, for sustained momentum, bulls need to defend the $90,000 support with eyes on a move toward $93,000. Featured image via Shutterstock The post BlackRock dumped over $100 million of this crypto in a week appeared first on Finbold .

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