{"id":129594,"date":"2026-01-24T08:37:20","date_gmt":"2026-01-24T08:37:20","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=129594"},"modified":"2026-01-24T08:37:20","modified_gmt":"2026-01-24T08:37:20","slug":"why-is-crypto-crashing-record-700m-exits-bitcoin-etfs-in-single-day-as-wall-street-de-risks-ahead-of-trade-war","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=129594","title":{"rendered":"Why Is Crypto Crashing? Record $700M Exits Bitcoin ETFs in Single Day as Wall Street De-Risks Ahead of Trade War"},"content":{"rendered":"

More than $700M flowed out of US spot Bitcoin ETFs in a single day this week, marking the sharpest pullback in two months. Let\u2019s dive into why is crypto crashing?<\/span><\/p>\n

According to Bloomberg\u2019s <\/span>latest report<\/span><\/a> on January 21, investors pulled roughly $709M from spot Bitcoin ETFs listed in the US. It was the biggest daily outflow since November 20.<\/span><\/p>\n

The exit followed a stretch of market tension sparked by President Donald Trump\u2019s <\/span>renewed<\/span><\/a> tariff threats against Europe.\u00a0<\/span><\/p>\n

His comments raised fresh fears of a broader trade conflict and pushed investors out of risk assets across global markets.<\/span><\/p>\n

DISCOVER: Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/p>\n

What Does the Drop in Crypto Market Cap Say About Investor Sentiment?<\/h2>\n

Bitcoin slipped below $88,000 during Tuesday\u2019s sell-off before stabilizing in the upper-$89,000 range.\u00a0<\/span><\/p>\n

The total crypto market cap fell about 2\u20133% over 24 hours, holding just above the $3 trillion mark.<\/span><\/p>\n

The shift in flows stands in sharp contrast to early January, when spot Bitcoin ETFs pulled in about $1.4Bn in net inflows over a single week.\u00a0<\/span><\/p>\n

The sudden reversal shows how quickly sentiment has turned as trade headlines and rising bond yields dominate the macro picture.<\/span><\/p>\n

Derivatives data points to de-risking rather than a full unwind. CoinGlass <\/span>data<\/span><\/a> shows Bitcoin futures open interest near $58.5Bn, with about $63.5Bn traded in the past 24 hours.\u00a0<\/span><\/p>\n

(Source: Coinglass)<\/a><\/p>\n

Liquidations sit around $110M, while Bitcoin trades close to $89,500.<\/p>\n

Across the wider crypto market, futures open interest is near $132Bn, set against $260Bn in daily volume.<\/span><\/p>\n

Roughly $600M in positions were cleared out over the past day, suggesting cautious repositioning instead of panic.<\/span><\/p>\n

(Source: DefiLlama)<\/a><\/p>\n

DefiLlama\u2019s dashboard puts perpetuals open interest just above $19Bn, with $30.2Bn in 24-hour volume a mild drop from last week.\u00a0<\/span><\/p>\n

Bitcoin\u2019s share of on-chain trading remains small. Its native chain saw about $0.7 million in spot DEX volume and $15 million in perp flows, compared with nearly $14.4Bn in spot trades across global DEXs.<\/span><\/p>\n

(Source: DefiLlama)<\/a><\/p>\n

\u00a0<\/p>\n

DISCOVER: 16+ New and Upcoming Binance Listings in 2026<\/a><\/p>\n

Do Rising Bitcoin Exchange Inflows Signal Short-Term Selling Pressure?<\/h2>\n

Bitcoin\u2019s on-chain flows shifted this week as more coins moved toward selling venues.\u00a0<\/span><\/p>\n

Data cited by Ali Charts shows about 15,000 BTC flowed into centralized exchanges over the past seven days. At current prices, that stash is worth roughly $1.35Bn.<\/span><\/p>\n

15,000 Bitcoin $BTC<\/a>, worth roughly $1.35 billion, were sent to crypto exchanges over the past week, according to data from @glassnode<\/a>. pic.twitter.com\/hxiXb6q8wY<\/a><\/p>\n

\u2014 Ali Charts (@alicharts) January 23, 2026<\/a><\/p>\n\n

On-chain data from Glassnode shows exchange balances rising again after a brief period of steady outflows earlier this month.\u00a0<\/span><\/p>\n

Traders usually watch these inflows closely because they can point to fresh selling pressure or short-term positioning.<\/span><\/p>\n

The shift comes as Bitcoin trades near important technical levels, keeping sentiment cautious for now.<\/span><\/p>\n

Ethereum\u2019s performance against Bitcoin has weakened.<\/span><\/p>\n

The ETH\/BTC pair slipped below its 200-day moving average and its 200-day exponential moving average on the daily chart, showing a clear drop in longer-term momentum.<\/span><\/p>\n

$ETH<\/a> Lost the Daily 200MA\/EMA relative to $BTC<\/a> but is still holding on to that 0.032 level.<\/p>\n

Seeing price barely moved for the past 3 months, I think a large volatility expansion is likely.<\/p>\n

Big level to defend here for the bulls to make sure that move isn’t against them. pic.twitter.com\/ExRRxAaeeo<\/a><\/p>\n

\u2014 Daan Crypto Trades (@DaanCrypto) January 23, 2026<\/a><\/p>\n\n

Even with that break, Ethereum is still holding the 0.032 level against Bitcoin. Traders have treated this zone as a key line in the sand.\u00a0<\/span><\/p>\n

The pair has moved sideways for almost three months, with little direction and tight price action. That kind of compression often signals that a larger move is building.<\/span><\/p>\n

Market analysts say the 0.032 area remains the level buyers need to protect. A firm drop below it would hand more momentum to Bitcoin and could set the stage for a sharper shift in the trend.<\/span><\/p>\n

DISCOVER: 10+ Next Crypto to 100X In 2026<\/a><\/p>\n

\n

\n

Key Takeaways<\/h2>\n

\n<\/p>

\n<\/p>

According to Bloomberg\u2019s <\/span>latest report<\/span><\/a> on January 21, investors pulled roughly $709M from spot Bitcoin ETFs listed in the US. It was the biggest daily outflow since November 20.<\/span><\/p>\n

\n<\/p>

Bitcoin\u2019s share of on-chain trading remains small. Its native chain saw about $0.7 million in spot DEX volume and $15 million in perp flows, compared with nearly $14.4Bn in spot trades across global DEXs.
\n<\/span> <\/p>\n

\n<\/p>

\n<\/p><\/div>\n<\/p>

The post Why Is Crypto Crashing? Record $700M Exits Bitcoin ETFs in Single Day as Wall Street De-Risks Ahead of Trade War<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

More than $700M flowed out of US spot Bitcoin ETFs in a single day this week, marking the sharpest pullback in two months. Let\u2019s dive into why is crypto crashing? According to Bloomberg\u2019s latest report on January 21, investors pulled roughly $709M from spot Bitcoin ETFs listed in the US. It was the biggest daily […]<\/p>\n","protected":false},"author":0,"featured_media":129595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-129594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129594"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129594"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/129595"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}