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Crypto

Bitcoin\'s hold on $82,500 seen key for altcoins including XRP

Bitcoin must hold $82,500 or the recent rise in altcoins including XRP could falter, an assessment said. Liquidity provider Wintermute said the market’s direction depends on whether bitcoin confirms a breakout and turns the level into support. Some investors are shifting from short-term hedges to long-dated call options targeting $126,000. OTC desks saw retail investors taking profits and rotating into XRP and ether. Investors are also watching U.S. yields, Fed policy and this week’s U.S. jobs report.

Crypto

XRP spot ETF inflow run halts amid outflow, raising question of big investor exit

XRP spot exchange-traded funds recorded a net outflow of $5,153,410 on Sept. 17, pausing a recent inflow streak. The move was the first daily negative print in about a month, though weekly cumulative flows remained net positive. Outflows were concentrated in two products, while others were unchanged. Data limitations and ETF creation and redemption mechanics make it difficult to link flows directly to XRP spot supply and demand.

Crypto

Mystery whale withdraws 280.8 billion Shiba Inu from OKX, seen as short-term variable

An unidentified whale wallet withdrew 280.8 billion Shiba Inu (SHIB) from crypto exchange OKX during a rebound, drawing market attention. The tokens moved to an unlabelled hot wallet valued at $1.56 million. Arkham flagged the receiving address as unverified but noted signs of links to digital asset liquidity provider Cumberland. The wallet later dispersed SHIB to multiple addresses, cutting holdings sharply.