ilqdty daily2 min readRead the latest
us bitcoin funds lost $1.28 billion in a week and are now negative for 2026
SourceThe Block
bitcoin stayed inside its range anyway, and tuesday's inflation print decides which side was right.
| Markets | Level | 24h | week |
|---|---|---|---|
| $BTC | 75,965 | +0.2% | -3.0% |
| $ETH | 2239.1 | -0.0% | -1.6% |
| $SOL | 89.6 | -0.2% | -5.2% |
| BTC.D | 60.0% | ||
| F&G | 28 fear |
01Crypto4 stories
- south korea may make exchanges keep 99% of customer crypto offline, out of reach of hackersWu Blockchain
- binance's finance chief kaiser ng left, nine days after the $6.3 billion hackThe Block
- all seven big tech companies, apple last, refused to let okx and ice, the nyse owner, trade their stock as tokensDecrypt
- china's central bank will investigate solana's ads in shanghai, and solana's china event was called offWu Blockchain
02Macro3 stories
03Trends3 stories
- on solana, pumpfun took $1.10M in fees in a day and the ten trending coins traded $54M combined. pumpfun starts a $100K perps trading contest tomorrow@PumpfunEco
- on solana, $COGE (-97%) gave back almost all of its run and sits at a $0.7M cap. $CLAUDIA (+278%) climbed to $7.7M, and $STONK (-29%) is still the biggest on the list at $54.5M
- on polygon, polymarket's international site passed uniswap V4 in weekly fees: $9.18M to $6.76MDefiLlama fees
04Week ahead4 dates
- mondaythe treasury sells three-year notes, the first of a big week of bond sales while yields are high
- tuesday 8:30 EToctober consumer prices. economists expect 0.3% after september's 0.6% (Bloomberg), and markets price a december hike at about 70 to 80%
- thursdaythe treasury sells 30-year bonds, usually the weakest spot for demand. cisco and applied materials report after the close
- friday 8:30 EToctober wholesale prices, a second read on inflation
05My view
the funds sold all week and bitcoin is on day 14 of the same range. somebody is taking the other side of that selling.
on hyperliquid the biggest wallets are 18 short to 1 long on bitcoin. every one of those shorts has to buy back if the drop doesn't come.
the weak spot is new money. stablecoin supply shrank to $292.4B, so the buying is coming from dollars already inside crypto. tuesday's print is where that gets tested.
strategy paid $75,446 on average for its bitcoin, and bitcoin sits just above that line this morning. a daily close under it on a quiet day would be selling with no news behind it.
none of monday's levels broke. im still bullish.
sunday is for resting. tuesday is the whole week. monday we lock tf in.