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

CoinTelegraphJune 1, 2026 at 7:09 AM

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.

This is a summary. For the full story, read the original article at CoinTelegraph.

Original source: CoinTelegraph

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