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Latest / DeepMarket: Crypto Daily

2026-10-23:ETF Exodus Breaches Bitcoin's $81,500 Institutional Cost Basis as Ethereum Faces Leveraged Selling

Wall Street spent months building a fortress around Bitcoin, establishing an eighty-one thousand five hundred dollar institutional cost basis. In a single chaotic session, that foundation cracked. A staggering six hundred and thirty-five million dollar ETF outflow has forced prime brokerages to dump spot assets into hollow order books, leaving major funds sitting underwater. But while automated risk models threaten to trigger a wave of algorithmic liquidations, something far stranger is happening beneath the surface. Retail traders are unknowingly paying millions to subsidize the very…

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