No, this doesn't mean BlackRock is selling.
These large BTC transfers to Coinbase Prime are routine for their iShares Bitcoin Trust (IBIT) ETF operations. They facilitate creations/redemptions, rebalancing, and liquidity settlement with authorized participants.
On-chain alerts flag them often, but context from trackers shows operational flows—not liquidation. BlackRock remains structurally bullish on Bitcoin via IBIT.
Check daily ETF flow data for the real picture.
We are going to be rage baited all day by people who did not listen to the $MSTR earnings call.
I will say it once.
Saylor said they will inoculate the market. This is a deliberate signal to prove to the S&P 500 committee and credit agencies that Strategy would sell Bitcoin if necessary.
It strengthens their case for index inclusion and improves their credit rating prospects.
Nothing has changed.