Cryptocurrency markets are trading lower on Tuesday morning as fears of whales taking profits grip influence sentiment.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $116,541.21 |
| Ethereum | (CRYPTO: ETH) | $2,967.12 |
| Solana | (CRYPTO: SOL) | $159.25 |
| XRP | (CRYPTO: XRP) | $2.90 |
| Dogecoin | (CRYPTO: DOGE) | $0.1912 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001294 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 141.1% and 235.9%, respectively. Daily active addresses grew by 28.3% and declined 11.1%, respectively.
- Coinglass data shows 125,044 traders were liquidated in the past 24 hours for $458.86 million.
- SoSoValue data shows net inflows of $297.4 million into spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $259 million.
Trader Notes: Crypto chart analyst highlighted a recurring pattern: when Bitcoin dips ahead of CPI or PPI data, it often rebounds strongly once the data drops and vice …