CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coin Edition 2024-01-14 08:18:00

BlackRock Drains 13 Days’ BTC Worth, Triggering Supply Crunch Worries

In a recent post on X, pro-Bitcoin advocate “InvestAnswers” unveiled a startling revelation about BlackRock’s substantial Bitcoin acquisitions, sparking concerns of a looming supply crunch. According to the post, BlackRock, one of the world’s largest asset management firms, absorbed a staggering 11,500 BTC from the market in just two days. Given that approximately 900 BTCs The post BlackRock Drains 13 Days’ BTC Worth, Triggering Supply Crunch Worries appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.