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Bitcoin News: A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor, NYDIG says

Summary by Coin Desk
NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

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Bitcoin News: A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor, NYDIG says

NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

·New York, United States
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Coin Desk broke the news in New York, United States on Sunday, May 31, 2026.
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