News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Quick Take Summary is AI generated, newsroom reviewed. Ethereum spot ETFs recorded $447 million in outflows, the second-largest in history. Bitcoin ETFs also saw significant withdrawals, with a combined $160 million in outflows. The synchronized outflows suggest widespread investor caution in the crypto market. Despite the withdrawals, cumulative crypto ETF inflows for the year remain positive.References On September 5, Ethereum spot ETFs saw total net outflows of $447 million
Quick Take Summary is AI generated, newsroom reviewed. Ethereum ETFs record $787.7M outflows, reversing August’s huge inflows Bitcoin ETFs attract $246M, reinforcing reputation as safer digital asset Institutions reposition amid recession fears, weak labor data, Fed uncertainty Ethereum fundamentals strong with $223B DeFi activity and reduced gas fees Global regulation shapes ETF flows, with US attracting more institutional capitalReferences US spot ETH ETFs saw its largest weekly outflows last week with $
- 18:06Data: If ETH falls below $4,106, the cumulative long liquidation intensity on major CEXs will reach $2.223 billions.According to ChainCatcher, citing data from Coinglass, if ETH falls below $4,106, the cumulative long liquidation volume on major CEXs will reach $2.223 billions. Conversely, if ETH breaks above $4,533, the cumulative short liquidation volume on major CEXs will reach $1.335 billions.
- 17:55Tom Lee: The $20 million investment in OCTO is part of Bitmine's "Moonshot Plan" strategyJinse Finance reported that Tom Lee, Chairman of the Board of BitMine, stated on social media that Bitmine (BMNR) purchased 13.7 million shares of OCTO at a price of $1.46 per share, totaling $20 million. This is part of BitMine's "Moonshot Plan" strategy. This directly benefits BitMine shareholders, as this investment is currently valued at $1.1 billion for BMNR shareholders.
- 17:29OpenSea to launch new features including OS AI mobile app and flagship series; SEA token details to be announced in early OctoberChainCatcher News, OpenSea announced on X platform that it will launch the following new features and updates: - OS Mobile App: An AI-driven mobile app that optimizes and integrates the trading experience; - Flagship Collection: A series commemorating Web3 cultural heritage, with a commitment to invest over $1,000,000 in acquiring historic NFTs and works by emerging artists; - Final Rewards Phase: 50% of platform fees will be used to fund token and NFT prizes; - Final stage of Pre-TGE Reward: A prize pool worth $1,000,000, including tokens and NFTs. Users can upgrade treasure chests and earn rewards by trading and completing tasks; - SEA token update: Details will be announced in early October.