Bitcoin and Ethereum are trading sideways near key technical levels as traders watch for a breakout or further pullback. U.S. spot Bitcoin ETFs recorded $102.7 million in net inflows on October 1, led by BlackRockâs IBIT with $195.6 million, while Ethereum ETFs saw $55 million in outflows. Meanwhile, whales accumulated around 75,000 BTC over 30 days, even as a market dip triggered about $250 million in long liquidations. Traders are now watching trading volume and upcoming macroeconomic data for the next directional move.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.