Global #withdrawals

Ethereum (ETH) has been consolidating in a narrow trading range in recent days, mirroring the broader cryptocurrency market's current phase.

US Bitcoin exchange-traded funds (ETFs) experienced significant outflows on Monday as Bitcoin’s price retreated below the $93,000 mark, signaling a sharp reversal in investor sentiment.

The staking wallet associated with FTX/Alameda has made headlines today by redeeming 178,631 SOL, valued at approximately $28 million. This move continues a consistent pattern of withdrawals that have been observed between the 12th and 15th of each month.

In a notable move reflecting potential strategic shifts in the cryptocurrency market, GSR firm has withdrawn 730,000 ARKM tokens, valued at approximately $1.11 million, from Binance and OKEx exchanges.

In a notable development, U.S. spot Bitcoin ETFs have experienced a significant outflow of approximately $1.2 billion over the past eight days. From August 30 to September 6, investors withdrew substantial amounts from 12 spot BTC ETFs

The cryptocurrency market is experiencing significant turbulence as Bitcoin (BTC) and Ethereum (ETH) linked exchange-traded funds (ETFs) report record outflows.