In the US market, an institution directly dumped $1.3 billion worth of Bitcoin within a minute. So far, BlackRock's Bitcoin trading volume is 70 million shares. At 10:31, IBIT trading volume hit 30 million shares, all completed within a minute. No need to think too hard—this was definitely a whale dumping about $1.376 billion. Thanks to the liquidity support of the US stock market. If this were on an exchange, it would’ve been another 1011 event.