Cryptocurrency markets are trading higher
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $116,687.42 |
| Ethereum | (CRYPTO: ETH) | $3,820.98 |
| Solana | (CRYPTO: SOL) | $173.00 |
| XRP | (CRYPTO: XRP) | $3.08 |
| Dogecoin | (CRYPTO: DOGE) | $0.2137 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001266 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transactions decreased by 11.8% and 19.1%, respectively, in a single day. Daily active addresses grew 8.3% and 1.3%, respectively.
- Coinglass data shows 136,367 traders were liquidated in the past 24 hours for $342.09 million.
- SoSoValue data shows net outflows of $196.2 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $73.2 million.
Trader Notes: Glassnode data indicate that approximately 120,000 BTC were purchased during the recent bounce from $112,000 to $114,000, suggesting opportunistic accumulation. However, supply remains thin in the $110,000–$116,000 zone, indicating that more consistent buying is required to establish strong support.
Altcoin Sherpa remains focused on the …