The leveraged-position flush triggered by yesterday’s CPI/PPI is largely over, with 24-hour liquidations down to $321 million (one-third of yesterday’s level). The October 15 ETF data is finally out: BTC saw a slight recovery in inflows, while ETH continued to see outflows.
Today’s recap: BTC was around $82,100–$82,600, up about 1.9% over 24 hours, rebounding and holding steady after falling below $80,000 yesterday; ETH was around $2,445, up about 4% over 24 hours.
1. Liquidations: Total liquidations across the market over the past 24 hours were about $321 million, one-third of yesterday’s $937 million, indicating a marked easing in leveraged-position liquidations. ETH liquidations today totaled about $73.42 million, around 60% of which were short positions.
2. ETF flows: On October 15, spot BTC ETFs saw net inflows of about $5.06 million (a slight recovery), while ETH ETFs saw net outflows of about $60.22 million. SOL has now seen outflows for nine consecutive days.
3. U.S. market session: The three major indexes closed higher on October 15 (Dow +1.08%, S&P 500 +0.33%, Nasdaq +0.08%, as reported early this morning); the 10-year U.S. Treasury yield was 5.087%, the U.S. Dollar Index was around 102.3, and WTI rose 3% to $97.97.
4. Breaking news: Strategy faces the risk of being removed from an index; an address opened a new $187 million highly leveraged long position; an XRP whale made its largest single transfer to Binance in seven months; an ETH whale’s cumulative losses reached about $13.45 million; the “whale whose 60 BTC were stolen from Ledger” was actually part of a telecom fraud ring.
5. Overnight watch (Beijing time): U.S. import and export price indexes are due at 20:30 tonight, followed by industrial production at 21:15. The Fed is expected to enter its policy meeting blackout period around October 17. The FOMC meets on October 27–28, and the probability of rates remaining unchanged in October is about 70%.
Today’s recap: BTC was around $82,100–$82,600, up about 1.9% over 24 hours, rebounding and holding steady after falling below $80,000 yesterday; ETH was around $2,445, up about 4% over 24 hours.
1. Liquidations: Total liquidations across the market over the past 24 hours were about $321 million, one-third of yesterday’s $937 million, indicating a marked easing in leveraged-position liquidations. ETH liquidations today totaled about $73.42 million, around 60% of which were short positions.
2. ETF flows: On October 15, spot BTC ETFs saw net inflows of about $5.06 million (a slight recovery), while ETH ETFs saw net outflows of about $60.22 million. SOL has now seen outflows for nine consecutive days.
3. U.S. market session: The three major indexes closed higher on October 15 (Dow +1.08%, S&P 500 +0.33%, Nasdaq +0.08%, as reported early this morning); the 10-year U.S. Treasury yield was 5.087%, the U.S. Dollar Index was around 102.3, and WTI rose 3% to $97.97.
4. Breaking news: Strategy faces the risk of being removed from an index; an address opened a new $187 million highly leveraged long position; an XRP whale made its largest single transfer to Binance in seven months; an ETH whale’s cumulative losses reached about $13.45 million; the “whale whose 60 BTC were stolen from Ledger” was actually part of a telecom fraud ring.
5. Overnight watch (Beijing time): U.S. import and export price indexes are due at 20:30 tonight, followed by industrial production at 21:15. The Fed is expected to enter its policy meeting blackout period around October 17. The FOMC meets on October 27–28, and the probability of rates remaining unchanged in October is about 70%.