BlackRock’s $972 Million Bitcoin Sale Sparks Market Volatility

TheMarketSniper noted a significant change in the cryptocurrency ecosystem on October 11, 2025, under Twitter handle @themarketsniper. He cited an article by BlackRock as reported by @ardizor who stated that the company allegedly sold 972.1m of Bitcoin on October 10. This action has elicited much debate domestically on institutional sway and market volatility particularly among Bitcoin maximalists who were initially enthusiastic about BlackRock ETF plans.

Bitcoin Maxi's cheered the Blackrock and ETF revolution coming into town. Now Live with the neighbour's you wanted. https://t.co/bvzA3j1sNE

— TheMarketSniper – MBA, CMT. #HVFmethod (@themarketsniper) October 11, 2025

ETF Revolution at BlackRock

In January 2024, BlackRock released its iShares Bitcoin Trust (IBIT) ETF, the initial major move in institutional mainstream adoption of Bitcoin. IBIT now has assets near to 100 billion, according to Bloomberg, as of October 7, 2025, which makes it one of the most profitable ETFs of BlackRock. Bitcoin Maxis first welcomed the move, and ETFs were expected to introduce stability and broad usage.

The recent sale of 972.1 million, however, has cast a question mark on portfolio rebalancing and manipulation of the market with the metaphor of the post now Live with the neighbour you wanted implying that Maxis are now reaping the rewards of institutional intervention.

Market Effect: Liquidation and Volatility

The crypto market has become very turbulent after the alleged sale. It experienced liquidations amounting to $597.83 million in 24 hours most of which affected the long positions. This coincides with the post-ATH-adjustment of Bitcoin in the recent highs of about 125,000 highlighted by the CoinGlass and verified by the market participants. According to analysts, these liquidations and bankruptcies fell on retail traders with 10x -50x leverage.

Reactions to the post made by TheMarketSniper indicate ambivalent emotion. Other users attributed the selling to the wider market forces, such as silver surges, and increased margin levels at CME, which they hold contributed to crypto liquidations. Some discussed the importance of the sale in comparison to the continuing inflows, keeping in mind that the ETF of BlackRock is still accruing BTC, having net inflows of 10.43B in early October 2025. Bitcoin Maxis showed a cast of doubt and this is indicative of the fears that institutional participation would be an infusion of volatility and the risk of manipulated markets, despite the bullish trends in the long run perspective.

Traders Implications

Even the sale of 972.1 million can be considered big, but it is incomparable to the accumulation of BlackRock by IBIT, and its average of 1.7 billion on a single day in early October. The temporary fluctuation, though, also highlights the two-sidedness of institutional involvement. Retail traders experience increased liquidation risks when markets are experiencing sudden moves. The fact that there are long-term institutional accumulations is a good indication that people believe in the further development of Bitcoin.