Overview

• Bitcoin slipped under $110,000 at times and hovered near $108,000–$112,000, with traders watching the $107,000 liquidity cluster as a potential support zone.
• Ether fell to roughly $3,825–$3,830, extending a monthlong slide and marking its weakest levels since August.
• CoinGlass data show roughly $1.1–$1.2 billion in liquidations over 24 hours, led by more than $400 million in ETH longs, including the full wipeout of a 9,152‑ETH long (~$36.4 million) tied to wallet 0xa523.
• Stronger‑than‑expected U.S. GDP and rising Treasury yields pressured risk assets, as stock futures softened and crypto traders de‑risked.
• ETF flows highlighted fragile demand signals, with reported net outflows from spot ETH funds and choppy, conflicting daily prints for spot BTC products, while on‑chain data pointed to whale ETH accumulation and multi‑year‑low exchange reserves.