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Cryptocurrency markets are trading lower as spot Bitcoin ETFs witnessed a total net outflow of $37.2 million, marking it the sixth consecutive day of net outflows.
CryptocurrencyPriceGains +/-Bitcoin BTC/USD$56,274.68-2.8%Ethereum ETH/USD$2,376.69 -2.9%Solana SOL/USD$129.24-2.9%Dogecoin DOGE/USD$0.09784-0.3%Shiba Inu SHIB/USD$0.00001318-1.3%
Notable Statistics:
IntoTheBlock data shows a 7% fall in large transaction volume and transactions greater than $100,000 narrowed from 9,458 as of Sep. 3 to 8,371 as of Sep. 4. Exchanges netflows dropped by around 75%.
Coinglass data noted 31,860 traders were liquidated in the past 24 hours as total liquidations stood at $81.24… Read more on Benzinga