$1.9B in BTC options expire Friday as ETH skew tilts bearish
BTC saw the heavier expiry at $1.9B notional, but ETH's put-call ratio above 1 signals hedgers leaning defensive into the print.
Sector-wide market analysis: dominance, liquidity, on-chain flows, whale activity, and exchange in/outflows.
BTC saw the heavier expiry at $1.9B notional, but ETH's put-call ratio above 1 signals hedgers leaning defensive into the print.
BlackRock's IBIT was the only fund bleeding on Thursday, shedding $40.4M while the rest of the complex finally turned positive after ten straight sessions of net redemptions.
Roughly 10.83M BTC now sits underwater against 9.22M still in profit, and prior crossovers in 2018-19 and 2022 both landed within months of the eventual cycle low.
It took a decade of custody, regulation and rails to get there. The spot ETF cohort did not invent institutional Bitcoin adoption; it was the final stamp on a slow build.
The reversal pairs with a $29M ETH ETF inflow, hinting that the heaviest seller-of-the-tape may have finally exhausted after two weeks of unbroken redemptions.
A transfer to NYDIG custody is the standard preparation step before a sale, and Riot has used it before when trimming its treasury.
A single green day does not undo $5.4B in year-to-date redemptions, but Fidelity's $166M lead and a 21-month BTC price low make the timing read as capitulation, not rotation.
Higher lows and rising volume kept the short-term chart constructive, yet XRP's failure to take the $1.1087 resistance keeps the move a base-building exercise rather than a confirmed breakout.
Ether and solana carried the rally while weaker US jobs data trimmed rate-hike bets, but record ETF outflows and thin summer liquidity leave the question of whether forced buying turns into durable…
The 71st installment of the cycle model keeps the total crypto market cap tagged below the logarithmic regression trend line, framing the rest of the year as sluggish before a possible push back to…
An Irish drug dealer's 2011 stash has now sent 1,500 BTC to exchanges in three months, with 4,500 BTC still sitting in cold storage.
A paste of the wrong string into the send field turned 1.34M tokens into a permanently locked contract-address donation.
The volume is the story: 200 monthly applications, including prediction-market products, has pushed the agency to consider confidential filings to shield genuine innovation from copycats.
The transfer is small relative to Draper's reported ~29,656 BTC stack from the 2014 Silk Road auction, but moving that much into a prime brokerage reads as positioning, not treasury reshuffling.
The position, worth $18.81M, is up $818K in under a day, with a liquidation line at $67.14 that maps the bet's downside.
190.5M $USDC (≈190.6M) moved from #Aave to Unknown Whale 1.
190.5M $USDC (≈190.6M) moved from Unknown Whale 1 to #Aave.
648.6M $USDC (≈649.2M) moved from unknown wallet to Unknown Whale 1.
1K $BTC (≈61.5M) moved from Coinbase Institutional to unknown wallet.
145M $USDC (≈145M) moved from Unknown Whale 1 to #Aave.