CryptoNews.com, October 11: 1. The U.S. government’s cryptocurrency holdings have decreased by $16 billion from their peak a year ago; 2. BTC experienced a net outflow of 650.0771 BTC over the past 24 hours; 3. $3.3584 million in BTC positions were liquidated over the past 24 hours; 4. Ethereum ETFs recorded their largest weekly net outflow since January; 5. One year since the “1011” crypto market crash: over $19 billion in liquidations in a single day; 6. U.S. government cryptocurrency holdings have declined by $16 billion from their peak; 7. Total holdings of U.S. spot Bitcoin ETFs have surpassed 2 million BTC; 8. BlackRock’s IBIT holdings have exceeded 800,000 BTC, with a market value surpassing $65.1 billion; 9. $3.6938 million in BTC positions were liquidated over the past 24 hours; 10. BTC experienced a net outflow of 991.7905 BTC over the past 24 hours.
U.S. government crypto holdings fall $16 billion from peak amid market volatility
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Summary
Market volatility has reduced the U.S. government’s crypto holdings by $16 billion from their peak one year ago, according to BitJie. The report shows a net outflow of 991,790.5 BTC in the last 24 hours, with over $3.69 million in BTC liquidations during the same period. Volatility continues to affect institutional positions as prices fluctuate sharply.
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