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NYDIG suggests $1.3B IBIT sale was whale exiting directional trade

NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

NYDIG suggests $1.3B IBIT sale was whale exiting directional trade

NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.

Why this matters

BlackRock is showing up inside the Bitcoin ETF theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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