BlackRock Just Sold $600M+ in Bitcoin & Ethereum – Crypto Bloodbath Incoming?

According to a post by Ash Crypto, BlackRock had just sold $354.23 million of Bitcoin and 246.7 million of Ethereum. The message was written in an urgent tone and presented as a news item. In a few minutes, the post was spreading along crypto timelines and trading groups. In the attached image, the BlackRock CEO Larry Fink was displayed with red arrows that were pointing downward toward BTC and ETH logos. This visual positioning supported panic and indicated institutional dumping at a queer time in the market.

BREAKING:

🇺🇸 Blackrock ETF has sold $354.23 million worth of Bitcoin and 246.7 million worth of ETH. pic.twitter.com/MW8W4JAC2W

— Ash Crypto (@AshCrypto) January 22, 2026

Numbers Trace Back to Old BTC ETF Data

According to on-chain tracking platforms and ETF tracking platforms, the mentioned figures are not included in the existing January 2026 flows. The same figures were found in Arkham Intelligence reports made in November 2025. Such reports were somehow a temporary phase of ETF redemptions and not a new sell-off. The ETF of BlackRock was under regular rebalancing at the time. These outflows were subsequently accompanied by robust inflows in December and early January as well as days of more than 800 million net BTC additions.

Signs of BlackRock BTC Liquidation

Present ETF dashboards fail to present a similar liquidation event. BlackRock continues to be in possession of more than 40 billion Bitcoins in its products. Ether exposure is also very stagnant as compared to the past. This implies that the post was merely reposting old information and presenting it as new. Although technically true when raw numbers are considered, it was misplaced in timing and gave a false story.

Image Framing Enhanced Anxiety

The design of the post was a significant factor in the reception. Emotional impact was created by the use of red arrows and bold headlines as well as serious portrait. A lot of traders responded without consulting primary sources. Brief messages such as The end and Market is dead went viral. This response demonstrates that images and color can be more significant than information in crypto rhetoric.

Only days before the viral post, spot BTC ETFs reported an almost 844 million of net inflows. Ether experienced hodgepodge flows, but was nowhere near the domain of mass liquidation. Institutional positioning on the whole seems to be net bullish. Outflows in short-term ETFs are not abnormal as well as they do not indicate structural exits by large players.

Movement of Recycled Data Markets

Cryptos are still very subjective to power and celebrity personalities. One post about BlackRock will turn opinion in a second. Voldatility can be caused by even obsolete information when delivered in an urgent manner. This episode brings out the importance of traders checking ETF data and then responding. Recycled numbers are even more hazardous than fake ones in fast markets as they seem to be valid on the surface.