# $1.29B BlackRock Bitcoin ETF Sold in Dark Pool Trade

**Published:** 2026-05-27T08:42:41.000Z  
**Topic:** Bitcoin Whale  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/63bc961b-4156-4f9c-9e26-144f24023970

A $1.29 billion block sale of BlackRock's IBIT ETF in a dark pool trade has sparked market volatility amid a broader exodus from bitcoin funds.

A single unidentified investor executed a massive $1.29 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) through a dark pool trade on Tuesday [2]. Analysts flagged the transaction as the largest of its kind observed in the short history of U.S. spot bitcoin ETFs [2][3]. The sale occurred amid a broader period of capital flight from digital asset funds, contributing to renewed volatility in the cryptocurrency market [2][3].

**Key takeaways**
*   An unknown investor sold $1.29 billion of BlackRock’s IBIT ETF in a dark pool trade on Tuesday [2].
*   The transaction involved 29.2 million shares priced at $43.16 each, dwarfing other sell orders by more than 22 times [3].
*   Bitcoin’s price dropped 1.5% within ten minutes of the trade, ending the session down 2.8% [3].
*   U.S. spot bitcoin ETFs recorded net outflows for seven consecutive days, totaling $2.26 billion over the past two weeks [2][3].

## Record Block Sale Rattles Markets
The trade, which took place at 10:30 a.m. ET, involved 29.2 million shares of IBIT at a price of

## Sources
1. Cryptostatcoins — [Whale Alert: $1.29 Billion BlackRock Bitcoin ETF Dumped in Dark...](https://cryptostatcoins.com/crypto-news/whale-alert-blackrock-bitcoin-etf-dump-dark-pool-6150.html)
2. CoinDesk — [Whale alert: Someone dumped $1.29 billion of BlackRock's bitcoin ETF in a dark pool trade](https://www.coindesk.com/markets/2026/05/27/whale-alert-someone-dumped-usd1-29-billion-of-blackrock-s-bitcoin-etf-in-a-dark-pool-trade)
3. Thecoinanalysis — [$1.3 Billion BlackRock IBIT Dark Pool Sale Triggers Fresh Bi...](https://www.thecoinanalysis.com/news/bitcoin/13-billion-blackrock-ibit-dark-pool-sale-triggers-fresh-bitcoin-volatility-320)
4. Coincentral — [Bitcoin (BTC) Price: Someone Just Dumped $1.3B of... - CoinCentral](https://coincentral.com/bitcoin-btc-price-someone-just-dumped-1-3b-of-blackrocks-etf-heres-what-happened/)

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Cite as: TrendWatcher, "$1.29B BlackRock Bitcoin ETF Sold in Dark Pool Trade", https://www.trendwatcher.in/article/63bc961b-4156-4f9c-9e26-144f24023970