Overview
- Bitcoin traded in a narrow $92,000–$95,000 band after a brief push above $94,000, with analysts saying the FOMC outcome is likely to set the next major move.
- Ether climbed to roughly $3,320–$3,396, with data showing more than $120 million in ETH short liquidations as total crypto liquidations reached about $429–$436 million in 24 hours.
- Institutional flows tightened supply, including BitMine’s roughly $429 million ETH purchase and Arkham‑tracked withdrawals of 9,000 ETH from Binance by Amber Group and Metalapha.
- On‑chain metrics flagged shrinking Bitcoin exchange reserves near 2.76 million BTC, a multi‑year low that suggests accumulation and reduced immediately available supply.
- Leverage and whale activity added volatility risk, highlighted by the ‘BitcoinOG’ account running a 67,103.68 ETH long worth about $209.8 million with a reported liquidation level near $2,069.