BlackRock and Cathie Wood’s Ark Invest have reportedly bought off a few of their BTC holdings. This follows a veteran dealer’s prediction that the Bitcoin worth would drop beneath $100,000.
BlackRock, Cathie Wood’s Ark Dumps BTC Amid Market Downturn
BlackRock recently sold 490 BTC price $68.7 million, alongside $87.2 million in Ethereum gross sales. Despite the selloff, BlackRock nonetheless holds 749,500 BTC, underscoring its long-term positioning out there.
Notably, the sale occurred on the identical time that BlackRock’s spot Bitcoin ETF (IBIT) reached a new record. It now has greater than $91 billion in belongings below administration. This signifies that there’s nonetheless a excessive demand from buyers for regulated publicity to Bitcoin.
As reported by Whale Insider Cathie Wood’s Ark Invest also booked profits, promoting 559 BTC price roughly $64.4 million by way of its Ark 21Shares Bitcoin ETF. This follows a broader pattern of purple ETF flows in August. It raises questions on whether or not current promoting is simply routine profit-taking or an early warning of bearish momentum.
However, current actions counsel she is bullish on Bitcoin’s future. In an interview earlier this 12 months, Cathie Wood made a bold prediction that the Bitcoin worth may soar to not less than $1.5 million throughout the coming years.
According to Wood, Bitcoin’s growing adoption by companies and institutional buyers will act as a key progress driver. This would step by step stabilize its volatility and place it as a long-term funding automobile.
Veteran Trader Warns of a Bitcoin Price Crash
A Veteran Trader, Dr. Profit, said he was “more than confident” that the Bitcoin worth would dip beneath $100,000 in September. He shared that this could occur earlier than the coin levels a restoration to new all-time highs in subsequent months.
I‘m greater than assured that Bitcoin will dump beneath $100,000 in September, adopted by new ATH‘s within the coming weeks and months after ⏳
— Doctor Profit 🇨🇭 (@DrProfitCrypto) August 19, 2025
Another analyst, Bull Theory, additionally echoed this prediction, projecting a worth dip in the direction of a help zone of round $98,000, with potential upside towards $160,000–$200,000 over the subsequent six months if bulls can defend essential ranges.
Despite the selloff, others see alternative within the present correction. Strategy expanded its holdings, buying 430 BTC for $51.4 million. Additionally, Japan’s Metaplanet purchased 775 BTC to carry its complete stash to 18,888 BTC. Because of its aggressive accumulation technique, the corporate has a BTC score of 18.67x, which will increase its volatility resistance.
These actions indicate that whereas firms like Strategy and Metaplanet are cashing in on the decline within the worth of Bitcoin, BlackRock and Cathie Wood’s Ark Invest could also be locking in earnings. The short-term trajectory of Bitcoin at the moment depends upon whether or not exchanges regain liquidity and whether or not bulls are in a position to maintain the $109,000–$112,000 vary.
Michael Adeleke
Michael Adeleke is a passionate crypto journalist identified for breaking down complicated blockchain ideas and market tendencies into clear, partaking narratives. He makes a speciality of delivering well timed information and sharp market evaluation that retains crypto lovers knowledgeable and forward of the curve. With an engineering background and a level from the University of Ibadan, Michael brings analytical depth and precision to each piece he writes.
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