The cryptocurrency market has witnessed significant activity involving Bitcoin ETFs and whale transactions. Notably, BlackRock and Fidelity purchased a combined total of 4300 BTC, valued at approximately $297.3 million, marking the first net inflow for Bitcoin ETFs after a week of outflows. This comes amid a backdrop of the fifth largest Bitcoin whale, identified as '37X', reactivating after years of dormancy by moving $6 billion worth of Bitcoin, almost the entire balance of 94.5K BTC ($6.05B), to three new addresses. The '37X' wallet, which had not been moved since its accumulation since 2019, was involved in this significant transaction. This activity coincides with a period of volatility for Bitcoin ETFs, which experienced their first week of outflows after seven consecutive weeks of inflows, mainly due to drying up inflows from BlackRock & Fidelity, while Grayscale faced high outflows. The cryptocurrency market also saw a record weekly outflow of $942 million from digital asset investment products, ending a seven-week streak of inflows. Despite these outflows, the price of Bitcoin rallied back above $70,000, with investors seemingly unfazed by the recent ETF outflows.
🚨JUST IN: FIFTH LARGEST BITCOIN WHALE MOVES $6 BILLION WORTH OF $BTC FOR FIRST TIME SINCE 2019
🚨JUST IN: FIFTH LARGEST BITCOIN WHALE MOVES $6 BILLIOn WORTH OF $BTC FOR FIRST TIME SINCE 2019
🚨 BREAKING 🚨 BLACKROCK AND FIDELITY BOUGHT 4300 BTC WORTH $297.3 MILLION YESTERDAY ALSO BITCOIN ETFs HAD THEIR FIRST NET INFLOW YESTERDAY AFTER A WEEK
Bitcoin price breaks out above $71,000, causing spike in short liquidations https://t.co/vDcnVcTL4L
GBTC OUTFLOWS ATTRIBUTED TO GENESIS TRADING: BLOOMBERG Eric Balchunas, a senior ETF analyst at Bloomberg, suggests that Genesis may be responsible for GBTC's notable outflows over the last week. Balchunas speculates that Genesis is trading GBTC shares for spot BTC amid… https://t.co/oj08Vjap6S
Crypto assets snapped a record 7-week run of inflows (totaling $12.3bn) with record outflows of $942 million last week. @CoinSharesCo https://t.co/vNzUOwwlIF
Bitcoin ETFs See First Green Day After Losing Nearly $1 Billion Last Week ► https://t.co/Tsprg72ttw https://t.co/Tsprg72ttw
💡Bitcoin enthusiasts seem unfazed by the outflow of funds from U.S. Bitcoin spot ETFs last week, with the cryptocurrency once again climbing above $70,000 on Monday. Nearly $900 million was withdrawn from these ETFs last week, reflecting ongoing outflows from Grayscale Bitcoin…
After 5 days outflows we finally got an inflow number yday into BTC ETFs. The bad news is GBTC still dumping, the good news is FBTC put in a big number. We must be thru a chunk of the Genesis BK selling. Hoping for inflows to pick up this week. Table from @DegenzNFT https://t.co/cUVIuM5n1M
The Nasdaq-listed $BTC spot exchange-traded funds saw inflows of over $15 million on Monday, according to provisional data published by @FarsideUK. Reports @godbole17. https://t.co/dDcoZbO1A9
Crypto traders shrugged off declining ETF inflows as $BTC briefly topped the $71,000 mark, before retreating slightly on Tuesday. By @shauryamalwa https://t.co/v4emMTZdOY
Bitcoin ETF Flow - 25 March 2024 All data in. Net inflow day after outflows last week https://t.co/Zk3EQE3Hws
Another big outflow for Grayscale of $350 million Holdings are down to 340,000 $BTC from 620,000 https://t.co/tGGFQRLHQv
$6 Billion #Bitcoin Transaction Rouses '37X' Wallet From Slumber, Elevates New Holder https://t.co/dIbDRjJ43R
A #whale withdrew 1.86M $DYDX ($6.5M) from #Binance 3 hours ago.🐳 It started accumulating $DYDX 3 months ago, now it's holding 3.78M $DYDX ($13.8M). address: https://t.co/Oy1LphFNSU Follow @ScopeProtocol and @0xScopescan for more updates. https://t.co/XuU9LYRc4A
#Bitcoin ETFs had a net inflow of $15.4 million yesterday https://t.co/jjnSsk9dPT
Yesterday's ETF flows were positive once again after a negative week for $15.4 million. $GBTC had $350 million in outflows. Fidelity started picking up last week's slack with $261.8 million in inflows. Blackrock only did $35 million. Price moved from $65k to above $70k. A day… https://t.co/HCNwa7L2p8
30 minutes ago, a whale 0x240 just withdrew 1.86M $DYDX (~$6.65M) from #Binance. Just now, he has 3.78M $DYDX (~$13.54M) in his wallet with avg entry at ~$3.38 This is his address: https://t.co/Nfbb9ikRfy https://t.co/70M3nTInyu
Unofficial report has $IBIT coming in at only 35Mil today. Way under Fidelity but enough to push us to a positive inflow start to the week with around 15M+ for #BTC ETFs. Was hoping to see IBIT come in strong but green is green. https://t.co/iJ4IGUcbfy
Crypto funds just had their biggest week of outflows on record, according to CoinShares https://t.co/Mquni4Dx9G
BlackRock's ETF accumulated another 501 Bitcoin today. 👀
3/25 $IBIT inflow +501 BTC (est. $+35.4 million)
A Coinbase report shows that the cryptocurrency market has recently focused more on the flow of funds into spot Bitcoin ETFs rather than others. The recent outflow may be related to the liquidation of bankruptcy assets of Genesis Global, involving the sale of approximately 35.9…
Bitcoin ETF update: huge Fidelity (FBTC) inflow today at $262MM, biggest since March 13; IBIT could be over $500MM
🚨 gBTC saw -$350.1 million in outflows today
*BITCOIN RALLIES BACK ABOVE $70,000 TO START THE WEEK AS HALVING EVENT APPROACHES ARE YOU BUYING OR SELLING? #BTC https://t.co/uH6ARZSW6J
For anyone expecting a slowdown in GBTC outflows this week, for at least the first day, this not not appear to be the case https://t.co/7YR6HjGnER https://t.co/hjLdl2EeRI
.@coinbase says recent selling pressure in @Grayscale’s $GBTC may have come from Genesis' bankruptcy estate. https://t.co/bhE5Zc7OcU
Massive #Bitcoin Shift: $6B Moved as 5th Largest BTC Wallet Reactivates After Years of Dormancy https://t.co/dIbDRjJ43R
BITCOIN back above $70K! 🚀 Does this RALLY have legs? We dive into the latest macro trends.. Is this the end of the road for central bankers? Are they getting ready to warm up the money printers? 💸 What would this mean for hard assets like #Bitcoin? SPOILER: It’s BULLISH https://t.co/Q5f2tUqfZq
Crypto funds—including Bitcoin ETFs—shed nearly $1 billion last week according to a @CoinSharesCo report. That ends the seven-week streak of gains. Click to read: https://t.co/MUHyexAnT0
Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week https://t.co/hLKXo8mv15 https://t.co/qz7Dpko6Ly
BTC ATH if we can get $1.5bn of net inflows this week imo I have zero idea if that's possible but clearly either some GBTC pressure has subsided today or IBIT putting in some big numbers I'm also just making up random numbers Good luck
📈#Bitcoin Spot ETF Alert! Massive #ETF FOMO hitting the market - surge in volume with nearly 2hrs left on the clock! 🕑💥 Predicting a whopping 70M+ for #Blackrock's $IBIT📈 #ButTheETFsAreDead 😂 https://t.co/5uLvZUNRG8
#Bitcoin Looks like it will probably be a big net inflow day for the ETFs again today. Just continuous bid ever since the US market open. Very different from last week. https://t.co/CAVuzsOquS
Bitcoin ETFs, Crypto Funds Lost Nearly $1 Billion Last Week Due to Investor 'Hesitancy' ► https://t.co/rY04KVaGgq https://t.co/rY04KVaGgq
Global crypto funds took a sharp downturn last week as investors pulled out $942 million — the most on record, according to CoinShares. https://t.co/avSUvkTK46
The 5th richest Bitcoin address just moved over $6 BILLION in BTC to three new addresses. 37X moved almost its ENTIRE BALANCE of 94.5K BTC ($6.05B) in the early hours of Saturday 23rd March, leaving only 1.4 BTC in the address. The 94.5K BTC had not been moved since 37X… https://t.co/mAjpg0oqnD
Digital asset investment products witnessed record weekly outflows last week after billions piled into the vehicles over the past few months. @LedesmaLyllah reports. https://t.co/suuIMXsEN5
NEW: In under three months, BlackRock's #Bitcoin ETF, IBIT, accumulates a greater amount of #BTC than the combined holdings of older exchanges OKX (2017) and Kraken (2011) 👀 h/t: @ali_charts https://t.co/92FmdE7c4g
The price of $BTC increased by ~6.5% today. The whale accumulated 530 $BTC($36.93M) again with the rise of $BTC. He has accumulated 5,468 $BTC($360.7M) at $65,964 from #Binance since the $BTC price dropped on Mar 14. https://t.co/qFMaC1Wbxh https://t.co/JUYSkgyamt
Mar 25 Update: #Grayscale decreased 5,507 $BTC(-$382.9M) and currently holds 350,252 $BTC($24.35B). 9 ETFs(Including #Grayscale) decreased 3,562 $BTC(-$247.6M). https://t.co/DPAzQ4aRyX https://t.co/7LjhcKqM4V
BlackRock + Fidelity Inflows vs Grayscale Outflows https://t.co/sDsn2qiwB4
NEW: 🔸Bitcoin ETFs had the first week of outflows after 7 consecutive weeks of inflows. Mainly due to BlackRock & Fidelity inflows drying up, while Grayscale outflows remained high. https://t.co/EkwwrQgfmd
$BTC coming out strong this morning with a big return of the Coinbase premium, the strongest its been since ATHs on March 13th. After a full week of ETF outflows, today *should* return us to the positive ETF flow regime as long as the premium holds up. https://t.co/fvkprQWbaC
Looks like outflows from Grayscale's $BTC ETF aren't over... https://t.co/b5Qn3o2zbS
FOMO HOUR #84 - BASE ON TOP! • Majors continue to rally as ETF sentiment improves • Genesis have likely sold half their GBTC position • BlackRock could flip GBTC holdings in 3 weeks • BTC short squeeze would liquidate $6.6BN by $75K • Lack of on-chain activity indicates… https://t.co/1VpTa3wWCC
The outflow from crypto investment products from March 16 to 22 reached $942 million after the maximum historical inflow of $2.92 billion https://t.co/1DkoT0ZYxh
Grayscale Bitcoin ETF’s $2bn in outflows lead record bleed in crypto funds. Here’s what will lure investors back https://t.co/E5xwrarovN
CRYPTO INVESTMENT PRODUCTS WITNESSED $1 BILLION EXODUS LAST WEEK - According to CoinShares’ latest blog, Bitcoin and crypto investment products witnessed a staggering $942 million last week. - The outflows follow a 7-week run of inflows to such products, cumulatively totalling… https://t.co/K12vnwS5mg https://t.co/CaH8SJmypz
🚨JUST IN: CRYPTO INVESTMENT PRODUCTS SAW NEARLY $1 BILLION IN OUTFLOWS LAST WEEK
Global crypto funds saw record net outflows of nearly $1 billion last week https://t.co/qAsYB3Z82B
💼Last week was the worst yet for spot Bitcoin ETFs, with $2B worth of GBTC sales resulting in a weekly outflow of $890M. Analysts attributed the milestone to Gemini Earn offloading GBTC shares provided by Genesis as loan collateral 👀 Read More: https://t.co/iSZEdq0dZm https://t.co/nriIiQs4db
The 10 US spot bitcoin ETFs suffered net outflows each day last week — a streak not seen since the funds launched on Jan. 11. https://t.co/4csd1crZme
Digital asset investment products experienced a weekly outflow of $942 million, ending a 7-week streak of inflows up to $12.3 billion. ETF issuers in the US managed to gather $1.1 billion in inflows, which helped to mitigate the impact of Grayscale’s $2 billion outflows https://t.co/eKSBE1mEv6
*BITCOIN PRICE RECOVERS ABOVE $67k WITH FOCUS ON ETF INFLOWS, HALVING #BTC #BITCOIN https://t.co/rXLUwKdpvo
According to CoinShares, last week saw a record outflow of $942 million from digital asset investment products, marking the first outflow after seven consecutive weeks of inflows. Among these, Bitcoin saw outflows of $904 million, while Ethereum, Solana, and Cardano experienced…
So Gemini/Genesis bk had about $3.9bn to sell. GBTC saw $2bn outflows last week. I doubt 100% of last weeks' outflow was the bk selling but it does feel like we're through a decent chunk of it. https://t.co/GOktiYC5eV
Hesitancy amongst investors led to record digital asset ETF / ETP net outflows of US$942m https://t.co/Iz8kUsEy2G
Cointucky Derby update for the #bitcoin ETFs. Last week was -$888 million for the group. Outflows were likely related to bankruptcy -- they were mostly Gemini/Genesis selling. *Expecting* that to slow over the next ~week. They had a total of ~$3.9 bln of $GBTC to sell. https://t.co/qXiog228z8
Despite the Grayscale's ETF bitcoin outflows of $13.8 billion worth of Bitcoin, Blackrock's IBIT ETF absorbed $13.341 billion between March 6 and March 22. The net US ETF demand in that period was +$11.27 billion. This does not count other buyers like Microstrategy. With… https://t.co/55QGfNlTPI
.@coinbase says recent selling pressure in @Grayscale’s $GBTC may have come from Genesis' bankruptcy estate. @willcanny99 reports https://t.co/crJgtCBvLc
#Bitcoin has corrected for the last two weeks as #ETF flows have turned negative. #Genesis liquidating #GBTC shares was seen as the reason. Judging by the outflows, the odds are high(er) that ETF flows will turn positive. Access the full chart for insights:… https://t.co/dbZuCqJ7iS
BlackRock’s Bitcoin ETF poised to surpass GBTC holdings in two weeks, predicts Arkham Intelligence: GBTC facing potential BTC depletion in 14 weeks. https://t.co/Fpv8NwOwJo
BlackRock’s spot bitcoin ETF is on course to overtake Grayscale’s GBTC in total bitcoin holdings in just two weeks, but the latter could run out of bitcoin entirely in 14 weeks, according to blockchain analytics firm Arkham. @tikta_ reports https://t.co/7caTWcQbki
This whale deposited 11,275 $ETH($37.4M) to #Binance at a loss of ~$500K yesterday. As the price of $ETH increased, he withdrew 9,092 $ETH($31.7M) from #Binance in the past hour again and borrowed 18M $USDT to buy more $ETH. https://t.co/SCUoiUo7G1 https://t.co/g5jcu5muZD
BlackRock’s ETF could hold more #Bitcoin than Grayscale’s GBTC within just a few weeks — if current trends hold. https://t.co/2ULuB9jNZa
Spot bitcoin ETFs have taken in a net $11bil & have $50bil AUM in 2+ months & the media is already trying to call it over… No idea what happens w/ flows moving forward, but someone pls tell them numerous RIAs & brokerage platforms haven’t even approved these things for use yet. https://t.co/ECZTGe4f0g
Breaking: One of the $5b whale payments came from 37XuVSEpWW4trkfmvWzegTHQt7BdktSKUs which has donated to known wallets of @wikileaks 👀 The 2 whale wallets that liquidated into new wallets including 2 $5b payments are: 39884E3j6KZj82FK4vcCrkUvWYL5MQaS3v and… https://t.co/qoFQHZQNxo
Breaking: One of the $5b whale payments came from 37XuVSEpWW4trkfmvWzegTHQt7BdktSKUs which has donated to known wallets of @wikileaks 👀 https://t.co/76PlsXMuNj
Breaking: One of the $5b whale payments came from 37XuVSEpWW4trkfmvWzegTHQt7BdktSKUs which has known ties to @wikileaks 👀 https://t.co/dkvamMwPXL
Breaking: And another one .... a second new whale wallet has emerged this one a second $5b payment - thats 2 $5b payments 👀 https://t.co/5oqEJWrl9a The path: Whale 39884E3j6K accumulated 115k $BTC since 6/19/2023. They sent 40k $BTC to 1Pzaqw98Pe and 75,171 $BTC to… https://t.co/X1ObcZkO5D
Breaking: A new Bitcoin whale wallet move has been tracked - the $5b payment has created a new whale wallet: Whale 37XuVSEp accumulated 94,504.03 $BTC since 2019 👀 ($6.1b) The wallet sent all 94,504.03 $BTC to 2 wallets, 87501 to bc1qct3mys and 7453 to bc1qsetvcw then they… https://t.co/mOdOYlJQ9f
Breaking: A new Bitcoin whale wallet move has been tracked: Whale 37XuVSEp accumulated 94,504.03 $BTC since 2019 👀 ($6.1b) The wallet sent all 94,504.03 $BTC to 2 wallets, 87501 to bc1qct3mys and 7453 to bc1qsetvcw then they sent 78317 to bc1q8yj0herd and 8734 to… https://t.co/r4u22UA3BJ
#Bitcoin's Dormant Giants: March Sees Unprecedented Movement of Vintage BTC https://t.co/ri6mW9UtPP