BlackRock's IBIT holders sold 56,800 BTC near $63K in June, then bought 78,000 back near $77,600. Their average cost is $81,136 a coin, so they're about 6.5% under water now.
Analysis of IBIT holder flows from the fund's daily holdings files, showing average cost near $81k and holders about 6.5% under water.
Summary written by AI. Read the source before acting on anything.