BlackRock IBIT significantly reduces holdings, institutional selling pressure causes Bitcoin to fall below 92,000

RumbleValidator · 2026-01-12T17:00:10+00:00

January 12th, Bitcoin's rally stalled, with US spot Bitcoin ETF experiencing a net outflow of 3,734 BTC, indicating a clear reduction in institutional holdings. On-chain data shows 3,400 BTC flowing into mainstream exchanges, suggesting a shift in institutional funds, ultimately putting downward pressure on Bitcoin's price, which fell to around $91,000. All these factors indicate that short-term price fluctuations are driven by institutional fund flows.

RumbleValidator

2026-01-12 17:00:10

Abstract generation in progress

【Crypto World】The market on January 12th is quite interesting. Bitcoin’s rally suddenly stalled, with the US spot Bitcoin ETF experiencing a net outflow of 3,734 BTC on the same day, equivalent to about $339 million. Among them, BlackRock’s IBIT made a big move, reducing holdings by 2,791 BTC in one go. The numbers may not seem large, but the signal is very clear—institutions are selling off.

The most crucial point is that on-chain data reveals the truth. Over 3,400 BTC were simultaneously transferred into the liquidity pools of a major mainstream exchange. This is not the action of small retail investors; it’s clearly institutional funds shifting. The ETF redemption may seem ordinary on the surface, but behind it, it directly translates into selling pressure on the exchange. As a result, Bitcoin repeatedly faced resistance around the $92,000 mark, and eventually even dropped near $91,000.

What does this scene once again prove? Short-term price fluctuations are fundamentally driven by the flow of institutional funds. Data does not lie.

BTC-2.02%

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GasFeeBarbecue

· 01-15 10:29

BlackRock's move is quite aggressive, with a very clear sell signal. Institutions are really selling off; on-chain data never lies. 92000 can't be broken again; it feels like there will be some volatility for a while. That's why retail investors are always cut, they simply can't keep up with the institutions' rhythm. Watching the data is uncomfortable, but it indeed confirms what real selling pressure looks like.

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BearMarketHustler

· 01-12 17:30

BlackRock's move is really aggressive, dumping 2791 BTC all at once... No wonder 92,000 couldn't hold. Are institutions rushing to exit? It seems like the decline will continue. This is why small retail investors are always the bagholders; on-chain data never lies. ETF redemptions look small, but once they hit the exchanges, it becomes a mountain of pressure. The tricks are deep. It's already at 91,000, and the bears are about to have a good time again.

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TokenDustCollector

· 01-12 17:29

BlackRock is shipping out, and that's it. We small investors really have no chance. Wait, are 3,400 coins really being transferred to exchanges on-chain? Then why can't we break 92,000? Here we go again, institutions never hold back when it comes to cutting our leeks. If this wave is really institutions running away, then we probably need to see further dips afterward. It seems we'll have to wait until the institutions get tired of playing before we see a rebound.

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ser_ngmi

· 01-12 17:23

BlackRock is shipping out, retail investors are still dreaming, this is the reality. When institutions start, it's thousands of coins at a time. How long will it take for us to turn things around? If 92,000 can't hold, it's game over. Feels like we need to retest the bottom. This time I’ve truly seen through it; capital flow is the key, technical analysis is all fake. Got cut again; ETF redemptions are just a disguised way of smashing the market.

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CryptoWageSlave

· 01-12 17:22

BlackRock is shifting the blame again; this rhythm is so familiar, always the same routine. Retail investors are just here to take the fall for institutions, really has no temper. If 92,000 can't hold, it means the institutions have already prepared to run. ETF redemptions ≈ exchange dumping, this logic is clear as day, no wonder it’s falling. Once on-chain data comes out, there's no suspense; big players have known all along. If it weren’t for this analysis, I might have really been fooled. When institutions say withdraw, they just withdraw; people like us can only eat dust.

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MidnightSeller

· 01-12 17:13

BlackRock is giving a sell signal. When institutions move, retail investors have to follow and get hit. This tactic is really quite tiresome.

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