Arkham Intelligence has reported that BlackRock, the world's largest asset manager, is selling its Bitcoin (BTC) holdings from its iShares Bitcoin Trust Bitcoin Holdings (IBIT) exchange-traded fund (ETF). This move, along with the recent sale of $188.7 million worth of Bitcoin, has led to speculation that BlackRock may be reacting to the coin's market pullback. BlackRock's IBIT, which holds the title of the largest Bitcoin ETF, has been a major player in the crypto market and contributed to Bitcoin's rally to an all-time high in December. Additionally, BlackRock released a video questioning the immutability of Bitcoin's supply cap, leading to debate about the potential for a supply cap increase.



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