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Article Cointelegraph

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

Cointelegraph June 1, 2026 · 7:09 am Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
NYDIG suggests $1.3B IBIT sale was whale exiting directional trade

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.

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Article Info
Source Cointelegraph
Published Jun 1, 2026 · 7:09 am
Article ID stxsjb2
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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