Overview

• Bitcoin fell under $110,000 and ether slid to roughly $3,830, extending broad weekly declines across major tokens.
• Derivatives liquidations topped $1 billion over 24 hours, with ether longs leading the wipeouts, according to CoinGlass data cited across reports.
• A high-profile blowup saw wallet 0xa523 fully liquidated on a 9,152 ETH long position worth about $36.4 million, bringing total losses above $45 million.
• Flows weakened for ether funds with about $296 million in net outflows this week, while U.S. spot bitcoin ETFs showed volatile daily swings after a $104 million outflow on Sept. 23.
• Shutdown risk and a cautious Fed tone pressured risk assets as trackers flagged a large options expiry and liquidity cluster near $107,000–$108,000 that could act as a price magnet, even as on-chain data showed 11 wallets buying about 296,000 ETH (~$1.19 billion) and treasuries lifting ETH holdings above $21 billion.