BlackRock selling Bitcoin? A $287M deposit on Coinbase reignites debate
The giant BlackRock shakes the crypto market! A deposit of 287 million dollars in bitcoin on Coinbase shakes investors. Massive sale or simple rebalancing? Between ETF drops and BTC rebound, the debate rages. Analysis of stakes and possible scenarios.
In brief
- BlackRock transfers 287 million dollars in bitcoin on Coinbase, fueling speculation about a massive sale.
- Record outflows from Bitcoin ETFs ($635M in 24h) reduce net flow to $58.5B, marking the worst day in 105 days.
- Despite pressure, bitcoin rises to $79,929 (+0.81%), but the market remains fragile.
BlackRock selling $287 million in bitcoin?
On May 14, 2026, BlackRock, leader in Bitcoin ETFs, deposited $287 million in BTC on Coinbase, triggering a wave of speculation. Observers see it as a massive sale, while the market was already experiencing record outflows of $635 million in 24 hours. However, the company has not confirmed this intention.
This move comes amid extreme volatility where Bitcoin ETFs record their worst outflows in 105 days, with a net total reduced to $58.5 billion. Some see this as institutional disengagement, others as a repositioning strategy before a rebound. With the Clarity Act passing the US Senate this month, investors fear regulatory tightening. Thus pushing major players to secure their positions.
BTC tries to climb back up
Despite the selling pressure caused by BlackRock’s deposit, bitcoin resists. Indeed, after dropping below $80,000, it shows a timid rebound at $79,929 (+0.81% in 24h). A glimmer of hope for the bulls? Analysts note this correction might be healthy after a too rapid rise. Moreover, opportunistic buying multiplies, especially among small investors, who take advantage of the drop to accumulate.
Furthermore, some ETFs like HODL (VanEck) still record inflows, proving confidence has not totally disappeared. However, market fragility remains palpable. A new massive deposit or an unfavorable regulatory announcement could restart the decline. Eyes are therefore on upcoming ETF flows and whale reactions.
Between doubts about BlackRock and bitcoin rebound, the crypto market remains under high tension. Should it be seen as a buying opportunity or the start of a BTC crash? The debate is open, and the coming days will be decisive. And you, what would you do?
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The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.