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BlackRock $186M Bitcoin Transfer: BTC Price Dip Explained

The market was already shaken after Japan’s bond shock, and now BlackRock’s sell-off has pushed Bitcoin even lower.

BlackRock, the world’s largest digital asset management company with over $13.5 trillion in assets, has just transferred a significant amount of Bitcoin to Coinbase Prime. Approximately 2,155 Bitcoins have reached Coinbase’s institutional account, causing a slight panic among crypto enthusiasts.

BlackRock Moves Notorious For Dips?

According to previous information, BlackRock rarely moves this amount. The last time this happened, both the crypto and stock markets plummeted. This time, it appears similar Bitcoin (BTC) has now fallen below $84,000, and the total crypto market has also fallen below $3 trillion, according to CoinGecko.

BlackRock has to frequently adjust its Coinbase balance sheet because it holds a significant amount of IBIT stock in the ETF market. However, this transfer appears to be more of a sell-off. Many large crypto investors, known as crypto whales, are actively selling right now. This is evident from the fact that the Chaikin Money Flow (CMF) is trading at -0.20.

Real Reason Bitcoin Bulls Got Beaten Bears

This indicator, which turns very negative when crypto whales are selling, has shown its worst result since October 30, 2025. A similar signal occurred then, and Bitcoin (BTC) then fell below $100,000. This has led market experts, like Max Crypto, to jokingly say:

“Here we go again.”

And in fact, Monday’s market dip resembled October’s, as over-leveraged long positions were wiped out.

According to real-time data from CoinGlass, there have been more than $872 million in liquidations of Bitcoin long positions in the past 24 hours. Now, BTC bulls are taking on bears at the $85,000 level the same support level that proved very strong in November, according to TradingView.

Total liquidations have risen to $961 million, clearly indicating that bears have more control, outnumbering Bitcoin bulls 10 to 1. On top of that, geopolitical tensions have further complicated the market. Liquidations jumped 784.77% in just 24 hours, indicating that this crash was very sudden for Perpetuals traders.

People Also Ask:

What is BlackRock’s $186M move?

A BlackRock-linked wallet transferred 2,156 BTC (approximately $186M) to Coinbase Prime on December 1, 2025. This is mostly a routine ETF operation, such as rebalancing or settlements.

Why is this shaking Bitcoin?

Such a large amount of money coming to Coinbase Prime could raise fears of a sell-off, especially when BTC is already dipping. But analysts say this is normal liquidity flow, not panic selling.

Does a transfer to Coinbase Prime mean selling?

No. Coinbase Prime is an OTC platform where large players quietly settle bulk trades to prevent retail market crashes. BlackRock uses it for ETF custody and redemptions not for direct market dumps.

How is this linked to BlackRock’s IBIT ETF?

IBIT, BlackRock’s spot Bitcoin ETF, has a daily part to move BTC according to inflows and outflows. Last week, there were also approximately $137M in net redemptions. Therefore, these transfers are part of normal ETF housekeeping.

Should beginners panic or buy the dip?

Absolutely not. This is routine work by institutions, which strengthens long-term adoption. Just keep watching Bitcoin’s $80,000 support level it will determine whether or not it will bounce. Whales like BlackRock are showing more confidence than fear.

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