{"id":31883,"date":"2026-08-26T14:24:58","date_gmt":"2026-08-26T13:24:58","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/08\/26\/bitcoin-xrp-whales-614-million-profits-blackrock-record-demand\/"},"modified":"2026-08-26T14:25:05","modified_gmt":"2026-08-26T13:25:05","slug":"bitcoin-xrp-whales-614-million-profits-blackrock-record-demand","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-xrp-whales-614-million-profits-blackrock-record-demand\/","title":{"rendered":"Bitcoin and XRP Whales Cash Out $614 Million in Profits as BlackRock Absorbs Supply"},"content":{"rendered":"\n

The crypto market’s biggest players made a decisive move on August 26: $614 million in realized profits<\/strong> on Bitcoin<\/strong> and XRP<\/strong> within just a few hours. Meanwhile, BlackRock<\/strong> is recording historic institutional demand across its ETFs, absorbing a significant portion of available supply.<\/p>\n\n\n\n

Bitcoin<\/strong> is holding above $78,400<\/strong> despite whale selling pressure, while XRP<\/strong> is standing firm at $1.41<\/strong>. Freshly released PCE<\/strong> data adds a layer of macroeconomic complexity to an already eventful session.<\/p>\n\n\n\n

What does this coordinated move reveal about the true health of the market? Here’s the breakdown.<\/p>\n\n\n\n

$614 Million: Whales Cash Out, But the Market Holds Firm<\/h2>\n\n\n\n

On-chain data from CryptoQuant<\/strong> and CoinGlass<\/strong> confirms a massive profit-taking event<\/strong> orchestrated by large-wallet holders across Bitcoin<\/a><\/strong> and XRP<\/strong> this morning. On BTC<\/strong>, whales liquidated positions accumulated during recent lows, locking in substantial gains without triggering any major downside cascade.<\/p>\n\n\n\n

What stands out is the resilience of price action<\/strong>. Bitcoin<\/strong> is absorbing this selling pressure and maintaining solid support above $78,400<\/strong>, a key level that has acted as a floor across multiple sessions. The market structure<\/strong> remains bullish in the short term, with an immediate resistance level to watch around $80,000<\/strong>.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

On the XRP<\/a><\/strong> side, the dynamic is similar. Despite capital outflows from large holders, Ripple<\/strong>‘s token is holding its support zone at $1.41<\/strong>. Trading volume remains elevated, a sign that retail and institutional demand is partially offsetting whale profit-taking. A rebound toward $1.55<\/strong> remains plausible if overall sentiment stabilizes.<\/p>\n\n\n\n

BlackRock Absorbs Supply: Institutional Demand Hits Record Levels<\/h2>\n\n\n\n

While whales are selling, BlackRock<\/strong> is buying. The American giant’s spot Bitcoin ETF<\/strong> is recording inflows at record levels<\/strong> on August 26, according to available market data. This dynamic creates a powerful counterbalancing effect: every BTC<\/strong> sold by large hands is rapidly absorbed by institutional demand flowing through ETFs.<\/p>\n\n\n\n

This mechanism is fundamental to understanding why the market is not collapsing despite profit-taking of this magnitude. BlackRock<\/strong> is now playing the role of a structural buyer of last resort<\/strong>, compressing downside volatility and underpinning current price levels. This is an entirely unprecedented configuration in Bitcoin<\/strong>‘s history.<\/p>\n\n\n\n

US PCE Data: Macro Enters the Crypto Equation<\/h2>\n\n\n\n

This morning’s release of PCE<\/strong> (Personal Consumption Expenditures) data adds a decisive macroeconomic dimension to the session. The PCE index<\/strong> is the Federal Reserve<\/strong>‘s preferred inflation gauge for calibrating monetary policy. A reading below expectations would reinforce bets on a Fed rate cut<\/strong>, a catalyst that has historically been favorable for risk assets like Bitcoin<\/strong>.<\/p>\n\n\n\n

Crypto traders are watching this figure closely: in a context where BTC<\/strong> is consolidating above $78,000, a dovish signal from the Fed<\/strong> could trigger a bullish breakout<\/strong> toward the $82,000 to $85,000 range. Conversely, an upside inflation surprise could reignite selling pressure and put current support levels to the test.<\/p>\n\n\n\n

The convergence of whale profit-taking, record BlackRock absorption, and real-time macro data makes this one of the most revealing sessions of the month for understanding the structural state of the crypto market this August. Analysts Say a Historic Bullish Reset Is Underway<\/a>, with market structures continuing to evolve in response to institutional participation and macroeconomic signals.<\/p>\n\n\n\n

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