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Wintermute founder: "BlackRock's large transfer of coins to an exchange" is delayed; the sell-off has actually already been completed within the ETF

Wintermute founder: "BlackRock's large transfer of coins to an exchange" is delayed; the sell-off has actually already been completed within the ETF

ChaincatcherChaincatcher2025/11/25 02:33
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ChainCatcher reported that Wintermute founder Evgeny Gaevoy commented on X regarding the incident of "BlackRock transferring large amounts of BTC and ETH to a certain exchange," stating: "This is actually a highly lagging indicator. The sell-off has already occurred within the ETF. On-chain transfers by market makers are often the same situation."

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