TLDR
- BlackRock sold 490 BTC and $87.2M in ETH during a recent market dip.
- Ark Invest offloaded 559 BTC worth $64.4M via its Bitcoin ETF.
- Trader Dr. Profit predicts BTC could dip below $100K in September.
- Metaplanet added 775 BTC, raising its total holdings to 18,888 BTC.
Bitcoin markets are facing renewed selling pressure after two major investment firms, Ark Invest and BlackRock, sold over 1,000 BTC combined. The timing comes as a veteran crypto trader forecasts a potential dip in Bitcoin’s price below $100,000 by September. This move has drawn attention across the industry as some investors pull profits, while others continue buying into the correction.
Ark Invest and BlackRock Reduce Bitcoin Holdings
Ark Invest and BlackRock, two of the most well-known institutional players in the crypto space, recently sold a combined 1,049 BTC. Ark Invest sold 559 BTC valued at approximately $64.4 million through its Ark 21Shares Bitcoin ETF. BlackRock, on the other hand, offloaded 490 BTC worth about $68.7 million, according to data from Farside Investors.
In addition to Bitcoin, BlackRock also sold $87.2 million worth of Ethereum. These transactions occurred even as BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), reached more than $91 billion in assets under management. This shows continued interest from investors seeking regulated exposure to Bitcoin through ETFs.
DEVELOPING: Cathie Wood
CEO of Ark Invest sells 559.85 $BTC worth $64.4 million.
Are you buying the dip? pic.twitter.com/j31plhLSA7— ChainScope (@chainscopexyz) August 19, 2025
Despite these sales, BlackRock still holds 749,500 BTC, suggesting a long-term position. Ark Invest’s sale also comes amid red ETF flows seen across the market in August. Analysts are now watching closely to determine if the move is regular profit-taking or something more cautionary.
Veteran Trader Predicts Bitcoin Price Dip
A well-known trader in the crypto community, who goes by Dr. Profit, has predicted a possible drop in Bitcoin’s price below $100,000. He stated that he was “more than confident” that the market would dip in September before rising again in the months following. His forecast aligns with recent selling activity by institutions.
Another analyst known as Bull Theory also expects a drop. He pointed to a support level around $98,000. However, he said that if this level holds, Bitcoin could still reach between $160,000 and $200,000 within six months. These views are based on current trading patterns and the ability of bulls to defend key levels.
Both analysts suggest that volatility is expected in the near term. Many traders are watching the $109,000 to $112,000 range closely, which is seen as a key zone for short-term support. If Bitcoin breaks below this range, it could see more downside.
Other Firms Continue Accumulating Amid Price Weakness
While Ark Invest and BlackRock sold some of their Bitcoin, other firms are continuing to increase their holdings. Japan-based Metaplanet acquired 775 BTC, bringing its total holdings to 18,888 BTC. The company has adopted an aggressive buying approach, which it says boosts its long-term strategy.
U.S.-based Strategy also expanded its position during the dip, buying 430 BTC for approximately $51.4 million. These moves suggest that some institutional players are treating the current correction as a buying opportunity rather than a signal to exit.
Metaplanet’s BTC rating now stands at 18.67x, which according to its public statements, enhances its resistance to price volatility. The company continues to position itself as a long-term holder regardless of short-term price movements.
The market remains divided, with some firms securing profits while others increase exposure. The direction Bitcoin takes next may depend on liquidity conditions and whether current support levels hold.
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