Analysts: IBIT saw a single block trade of approximately $1.3 billion, but the price of BTC remained largely unaffected.

PANews reported on May 27th that Bloomberg ETF analyst Eric Balchunas stated on the X platform that IBIT executed a trade of 29 million shares at 10:30 AM ET today, worth approximately $1.3 billion. Looking at the day's IBIT trading volume distribution, this trade was significantly larger than other trades. IBIT's price was not significantly affected that day, indicating good market digestion.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Aztec Labs acquires privacy identity tool ZKPassport, will continue to keep it open source.
PANews Newsflash