Overview

• Roughly $808 million to $940 million in crypto futures were liquidated over 24 hours, with data showing most losses came from long positions on Ether and Bitcoin.
• Bitcoin fell to about $108,700 in early Asia trade, slipping below its 100-day moving average and touching a near seven-week low before a modest rebound.
• Ether briefly reached about $4,953 over the weekend and then settled in the mid‑$4,400s, as U.S. funds reported August outflows from Bitcoin ETFs and multi‑billion‑dollar inflows to Ether products.
• On-chain data shows Bitmine added 4,871 ETH, lifting its treasury to roughly 1.718 million ETH, reinforcing reports of continued institutional accumulation.
• Derivatives gauges flag caution with negative 25‑delta skew and high open interest, analysts warn of a recurring early‑week liquidation pattern for ETH, and key supports sit near $105,000 for BTC and $3,900–$4,400 for ETH.