| Time | Details |
|---|---|
| 2024-07-31 07:30 |
Ethereum Experiences Overnight Correction, Rebounds Strongly
According to CryptoMichNL, Ethereum (ETH) experienced a significant correction overnight, largely driven by geopolitical news involving Hamas and Israel. Despite this, ETH saw a strong upward surge, returning to 0.05 BTC. Additionally, altcoins are showing a positive trend today. Traders should keep an eye on upcoming ADP and FOMC announcements for further market direction. (Source) |
| 04:08 |
Significant Net Outflows in BTC and ETH ETFs Amid Geopolitical Tensions
According to @spotonchain, October 1, 2024, witnessed the largest net outflows for both BTC and ETH ETFs since September 3. Specifically, $242.6 million was withdrawn from BTC ETFs and $48.6 million from ETH ETFs. This major sell-off followed Iran's unprecedented direct attack on Israel, which led to a market crash. (Source) |
| 03:41 |
Whale Resumes BTC Deposits Amid Market Crash Following Iran-Israel Conflict
According to @spotonchain, a significant BTC whale has resumed depositing Bitcoin to centralized exchanges (CEX) following a market crash triggered by Iran's strike against Israel. This whale had previously accumulated a net 3,933 BTC (worth $234 million) from Binance at an average price of $59,591 between August 29 and September 15. Recently, the whale began moving 750 BTC (worth $46.3 million) back to Binance at a price of $61,751. (Source) |