From Coinpedia · By Nidhi Kolhapur
Bitcoin and Ethereum are trading sideways near key technical levels as traders watch for a breakout or further pullback. U.S. spot Bitcoin ETFs recorded $102.7 million in net inflows on October 1, led by BlackRock’s IBIT with $195.6 million, while Ethereum ETFs saw $55 million in outflows. Meanwhile, whales accumulated around 75,000 BTC over 30 days, even as a market dip triggered about $250 million in long liquidations. Traders are now watching trading volume and upcoming macroeconomic data for the next directional move.
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