Crypto Market Cap Rises 0.9% Amid Strong Ethereum Accumulation

The cryptocurrency market is experiencing mixed price movements, with smaller altcoins showing stronger gains than leading digital assets like Bitcoin and Ethereum.

The global crypto market cap increased by 0.9% to $2.96 trillion.
Daily trading volume decreased by 32% to $67 billion.
BTC rose by 0.8% to $87,700, while ETH consolidated near $2,940.

Ethereum Accumulation

43,800 ETH, worth approximately $128.8 million, was withdrawn from centralized exchanges in the past 24 hours.
Monthly outflows from CEXs reached 605,370 ETH, valued at nearly $1.8 billion.
US-based ETH ETFs saw a $52.8 million net outflow in the past day.

Bitcoin Investment Trends

Bitcoin investment products experienced their fifth consecutive outflow, totaling $175.3 million.
A decline in BTC whale and shark wallets suggests a bearish pattern similar to late 2021.

Despite these trends, some analysts, such as Anthony Pompliano, suggest that a bearish year-end for Bitcoin may not lead to a bearish start in Q1 2026.