– Bitcoin falls below $110,000; Ethereum under $4,000 – $5.75 billion BTC exits exchanges in one week – $3.08 billion ETH withdrawals indicate ongoing accumulation – Ethereum supply on exchanges hits lowest level since 2016 – Exchange balances drop to multi-year lows due to outflows
The crypto market recently saw significant declines as both Bitcoin and Ethereum fell below crucial support levels, triggering billions in liquidations and pushing the Fear and Greed Index into fear territory.
Market Insights
- Bitcoin fell below $110,000 with increased selling pressure and leveraged position liquidations.
- Despite the price drop, more than $5.75 billion worth of BTC exited centralized exchanges, indicating ongoing accumulation.
- Ethereum dropped under the $4,000 level but still saw over $3.08 billion worth of ETH leaving exchanges, showing investor confidence in accumulation despite short-term losses.
Exchange Outflows and Market Trends
- Ethereum's supply on exchanges has decreased to 14.8 million ETH, the lowest since 2016, driven by staking and long-term storage.
- Data shows Ethereum’s 50-day SMA netflow dropped below -40,000 ETH per day between August and September 2025, highlighting sustained outflows from exchanges to long-term holdings.
Currently, Bitcoin trades at $109,585, while Ethereum is at $4,011.