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.

source https://cointelegraph.com/news/nydig-ibit-whale-exit-directional-bitcoin-trade?utm_source=rss_feed&utm_medium=rss_tag_bitcoin&utm_campaign=rss_partner_inbound