Bitcoin, Ethereum, XRP, Dogecoin See ‘Sunday Pump, Monday Dump’—A Higher Low In The Making?

Crypto markets are pulling back after a strong Sunday as digital asset investment products saw their third consecutive week of outflows, with Bitcoin taking the biggest hit—$2.6 billion in outflows.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $85,736.90 -8.8%
Ethereum (CRYPTO: ETH)  $2,119.28 -15.5%
Solana (CRYPTO: SOL)  $144.10  -17%
XRP (CRYPTO: XRP)  $2.40 -16.3%
Dogecoin (CRYPTO: DOGE)  $0.1994 -14.8%
Shiba Inu (CRYPTO: SHIB)  $0.00001290   -14%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 25% and daily active addresses falling by 16.8%. Transactions greater than $100,000 are up from 9,755 to 10,965 in a single day. Exchanges netflows are up by 4.1%.
  • Coinglass data reports 195,184 traders were liquidated in the past 24 hours for $672.38 million.

Notable Developments:

Full story available on Benzinga.com

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