Top Story
Spot Bitcoin ETFs recorded $635.6 million in net outflows on October 22, reversing a three-day inflow streak as a tech-stock sell-off spread to Asian equities. COINOTAG reported the outflow. The reversal followed $1.07 billion in inflows across October 19-21.
The outflows returned roughly 59% of that three-day run. BlackRock's IBIT led with $254 million in outflows, and Fidelity's FBTC followed with $218 million, according to ChainCatcher citing Rootdata. Bitcoin.com reported an intraday low of $80,836 during a late Wednesday sell-off, a nearly 4% daily loss.
Macro pressure drove much of the move. Oil held above $111 a barrel and Nasdaq futures softened, per The Motley Fool. Ether fell to near $2,400 and Solana to about $104.
Derivatives data shows the selling was mostly forced closures. Bitcoin's 24h liquidations totaled $70.03 million, and longs made up 92.9% of that figure. Bitcoin open interest fell 0.79% to $54.25 billion, which points to positions closing rather than new shorts opening. The Fear & Greed Index dropped to 51 (Neutral), down 13 points over seven days. The U.S. Federal Reserve meets on interest-rate policy next week, according to CoinDesk.
Major Price Moves
Market Overview
Bitcoin, ranked first, traded at $81,878.99, down 0.75% over 24 hours on $29.51B in volume. Ethereum, ranked second, traded at $2,408.77, down 0.99% on $17.15B in volume. Both majors slipped while speculative tokens moved far more.
Top 10 Gainers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| ASTRO (astronaut) | $0.0157047 | 25,364.54% | $29,672,688 | |
| IRYS (Irys) | $0.0279212 | 44.76% | $152,360,634 | |
| BTR (Bitlayer) | $0.0613016 | 40.70% | $45,028,253 | |
| AKE (Akedo) | $0.0306251 | 39.75% | $42,092,774 | |
| DACITY (Dacity Coin) | $0.0261871 | 36.24% | $19,685,298 | |
| BMT (Bubblemaps) | $0.0272695 | 30.86% | $57,744,162 | |
| AGT (Alaya AI) | $0.0678103 | 28.82% | $50,838,107 | |
| BFC (Bifrost) | $0.0248443 | 14.97% | $10,293,880 | |
| GTC (Gitcoin) | $0.325139 | 14.40% | $91,791,578 | |
| REZ (Renzo) | $0.00425007 | 14.25% | $15,516,237 |
Top 10 Losers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| MHA (Magic Hash) | $0.004135 | -15.17% | $1,113,630 | |
| PEARL (Pearl) | $2.069460 | -11.43% | $9,245,236 | |
| LGNS (Anubis Bridged LGNS) | $0.180178 | -8.95% | $2,614,542 | |
| USDT (Anubis Bridged USDT) | $1.170759 | -8.43% | $259,050 | |
| BP (Backpack) | $1.031757 | -6.51% | $4,090,000 | |
| LIT (Lighter) | $3.429312 | -6.41% | $112,090,000 | |
| XMR (Monero) | $607.245 | -6.36% | $196,391,200 | |
| STX (Stacks) | $0.328374 | -5.95% | $36,135,827 | |
| WSTX (Wrapped STX, Velar) | $0.328601 | -5.69% | $318.11 | |
| FF (Falcon Finance) | $0.100582 | -5.65% | $4,184,542 |
Top 20 by Market Cap
| Rank | Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|---|
| 1 | BTC (Bitcoin) | $81,878.99 | -0.75% | $29.51B | |
| 2 | ETH (Ethereum) | $2,408.77 | -0.99% | $17.15B | |
| 3 | USDT (Tether) | $0.998849 | -0.04% | $50.05B | |
| 4 | BNB (BNB) | $744.85 | 0.25% | $401.52M | |
| 5 | XRP (XRP) | $1.32929 | -1.51% | $1.98B | |
| 6 | USDC (USDC) | $0.999460 | -0.02% | $12.25B | |
| 7 | SOL (Solana) | $104.64 | 0.04% | $2.69B | |
| 8 | TRX (TRON) | $0.329423 | -0.30% | $225.12M | |
| 9 | STETH (Lido Staked Ether) | $2,407.08 | -1.03% | $13.67M | |
| 10 | ZEC (Zcash) | $1,232.88 | -4.10% | $3.65B | |
| 11 | HYPE (Hyperliquid) | $78.3406 | -0.49% | $779.29M | |
| 12 | DOGE (Dogecoin) | $0.0800285 | -0.23% | $817.59M | |
| 13 | XMR (Monero) | $607.245 | -6.36% | $196.39M | |
| 14 | WSTETH (Wrapped stETH) | $3,000.54 | -1.06% | $3.26M | |
| 15 | USDS (USDS) | $0.999793 | -0.02% | $147.43M | |
| 16 | WBTC (Wrapped Bitcoin) | $81,661.70 | -0.83% | $163.82M | |
| 17 | WBT (WhiteBIT Coin) | $79.3651 | -1.41% | $47.86M | |
| 18 | LINK (Chainlink) | $12.2255 | -0.30% | $310.60M | |
| 19 | BSC-USD (Binance Bridged USDT, BNB Smart Chain) | $0.998849 | -0.04% | $630.78M | |
| 20 | WBETH (Wrapped Beacon ETH) | $2,666.43 | -1.00% | $1.73M |
Other Key Events
Ethereum cancels Glamsterdam testnet upgrade
The Ethereum Foundation cancelled the Glamsterdam upgrade scheduled for October 26 on the Hoodi testnet. The decision followed security findings from ChainSecurity, which identified 13 real-world smart contracts potentially affected by gas changes in EIP-8037 and EIP-8038. The decision came after the October 22 All Core Developers Execution meeting, per Crypto.news. The Foundation has not announced a replacement date.
Drift Protocol exploiter moves $122M into Tornado Cash
The Drift Protocol exploiter sent $122.3 million of ETH into Tornado Cash across 520 transfers on October 20-21, according to Arkham Intelligence. Arkham called it the largest Tornado Cash deposit by any hacker in two years. MyCryptoParadise estimated that wallets tied to the exploiter still held about $138 million in ETH as of October 21.
In Brief
- XMR (Monero): CoinDesk reported funding near 70% annualized and open interest above $300M before the drop. The evidence points to a leverage-driven reversal from an intraday rally to about $650. No negative XMR-specific news was confirmed.
- BTR (Bitlayer): Gate Research attributed the rally to BTCFi rotation and concentrated short-term inflows. AskSurf cited short covering, with $64.83K in short liquidations against $21.46K in long liquidations. About 17.35M BTR unlocks on 27 October, per Tokenomics.com.
- IRYS (Irys) and ASTRO (astronaut): No confirmed catalyst was found for either. Trackers report ASTRO gains from about 758% to 2,723%, so the 25,364.54% API figure is not confirmed elsewhere.
- PEARL (Pearl): CoinMarketCap AI cites profit-taking after a sharp rally. Coinbase added Pearl to its listing roadmap on 19 October, with no trading date set.
- MHA (Magic Hash): No cause was confirmed. A MAGNE.AI airdrop began 18 October, but no source links it to the drop.
What to Watch
- Bitcoin's reclaim of the $82,000 area. A second daily close below it keeps pressure on majors.
- Bitcoin's $80,000-$82,000 support range, which FXStreet identified as the key zone after the October 22 break.
- Spot Bitcoin ETF flows for October 23 and the following sessions, after the $635.6 million outflow on October 22.
- The Federal Reserve's interest-rate decision next week, cited by CoinDesk as the next macro catalyst.
- Monero's $600 level after its 6.36% decline, and the 27 October BTR unlock of about 17.35M tokens.