Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.
Crypto News
Institutions Corner 11% of ETH Supply as Exchange Balances Hit Record Lows
Ethereum is undergoing a silent supply shock. While retail speculation has evaporated, institutional players have absorbed nearly 11% of the circulating supply, repurposing the asset as yield-bearing infrastructure rather than a trading vehicle.
The liquidity drain is quite noticeable as Ethereum reserves on centralized exchanges have plummeted to 10.5%, a record low and a 43% drop since July.
Bitcoin Stuck Between $85K and $90K? $24B Options Trap Expires in 2 Days
Bitcoin has spent a while frustrating both bulls and bears, bouncing between $85,000 and $90,000 with no clear breakout in sight. The culprit is not a lack of buying interest or macroeconomic headwinds — it is the options market.
Derivatives data reveal that dealer gamma exposure is currently suppressing spot price volatility through mechanical hedging flows. This structure has kept Bitcoin pinned in a tight range, but the forces holding price in place are set to expire on December 26.
Korean Investors Cashed Out This Year, BOK Says
The Bank of Korea's latest Financial Stability Report reveals a significant behavioral shift among Korean crypto investors—from aggressive accumulation to strategic profit-taking, raising questions about the impact on global market dynamics.
This means that, even as Bitcoin surged past $100,000 this year, Korean investors have been cashing out rather than doubling down.
Bitcoin Spot ETF Flow
The overall net outflow of the US Bitcoin spot ETF on Tuesday was $31.3 million. The total net asset value of Bitcoin spot ETFs is $114.71 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.52%.
The Bitcoin spot ETF with the highest net outflow on Dec. 23 was Fidelity Wise Origin Bitcoin Fund, with a net outflow of $15.3 million.
