Key Highlights: Bitcoin spot ETFs registered massive outflows totaling $1.043 billion over three consecutive trading days, dampening hopes for an immediate market rebound. On-chain metrics from Glassnode reveal a higher concentration of supply among short-term holders and shrinking profit levels, pointing to a cooling market rather than full capitulation. Crypto analyst Axel Adler Jr. highlighted ...
Key Highlights: Spot exchange metrics and on-chain figures reveal subdued demand, with Binance and Coinbase posting negative 30-day net spot volume deltas. U.S. spot Bitcoin ETFs logged $411.9 million in net outflows on November 6, led by an approximate $403 million exit from BlackRock’s IBIT fund. CryptoQuant emphasizes that a sustained market rally requires a ...
Key Highlights: Ethereum’s Estimated Leverage Ratio dropped to 0.62 alongside declining open interest, signaling muted appetite for leveraged risk among derivatives traders. Institutional and domestic demand indicators reflect ongoing caution, with the Coinbase Premium Index hitting -0.117 and U.S. spot ETH ETFs snapping a 10-day outflow streak with modest Tuesday inflows. Technical indicators reveal consolidation, ...
Key Highlights: Bitcoin faces a decisive week driven by heavy macroeconomic catalysts, including ISM Services PMI, ADP Employment data, and FOMC minutes. U.S. 30-year mortgage rates have surged to 7.6%, alongside multi-month highs in 10-year and 30-year Treasury yields, compounding macro pressure on risk assets. Order book data shows whale liquidity clustering between an $82,500 ...