BTC flash-crashed on Sunday as an early-holder sold 24K BTC ($2.7 billion), wiping ~$500 million in leverage. Current support sits at $111K to $109K, with resistance at $115K to $116.8K.
BTC ETFs logged a 6-day outflow streak worth $1.2 billion in total while ETH ETFs logged a $238 million weekly outflow. However, ETH saw continued institutional inflows with Bitmine adding $45 million worth of ETH to raise its holdings to $7 billion and the ETH/BTC cross broke 0.04, as the rotation narrative intensifies.
Altcoin futures OI surged +$9.2 billion in one day to a record $61.7 billion, with leverage piling up, raising fragility risk.
The headline GAAP loss is almost entirely non-cash. The more consequential development is SharpLink's shift from basic staking into institutional-grade DeFi yield strategies, formalised in a new fund with Galaxy Digital.
Bitcoin hovers above $80K with momentum building toward $83.4K, but traders brace for a CPI-driven move as overbought signals and geopolitical tension threaten a near-term pullback.
The MOU, signed in March and announced Thursday, pairs South Korea's second-largest exchange with SSI Digital as Vietnam prepares to license its first regulated trading platforms.
