Overview
- Bitcoin briefly fell to roughly $64,300 during Asia trading before recovering near $66,000, while Ether broke $1,900 and touched about $1,844 before stabilizing in the upper $1,800s.
- Roughly $470 million to $505 million in leveraged positions were liquidated over 24 hours, with Bitcoin and Ethereum accounting for the largest shares and about 140,000 traders affected, according to CoinGlass.
- Digital‑asset investment products recorded $288 million of outflows last week and about $4 billion over five weeks, led by $215 million from Bitcoin funds and $36.5 million from Ethereum vehicles, with the U.S. driving withdrawals.
- On‑chain activity featured continued founder‑linked ETH sales and notable whale maneuvers, including a trader boosting long positions to about 115,000 ETH to lower liquidation risk and a partial liquidation tied to Machi Big Brother.
- Derivatives and risk gauges pointed to caution, with put demand clustered near $60,000 for Bitcoin, funding skewing bearish for ETH, and analysts highlighting $65,000 and $60,000 as key supports as gold firmed on haven demand.