US spot Bitcoin ETFs registered USD 120.24 million in daily net outflows, led by ARKB’s USD 77.98 million withdrawal.
PEPE holders sold approximately 80 billion tokens since August 25.
Arya.ag began recording data tied to USD 2 billion in stored crops on-chain.
The crypto market saw major developments as spot Bitcoin ETFs recorded USD 120 million in net outflows, while Hunter Biden's LAPTOP memecoin collapsed by over 95% in one hour. Also, Pepe Whales sold 80 billion Tokens since late August, and the Secret Service froze USD 52.8 million in USDT linked to an illegal marketplace on Telegram.
According to SoSoValue, the Bitcoin spot ETFs saw a total net outflow of USD 120.24 million yesterday.
The Bitcoin Spot ETF with the highest net inflow yesterday was Morgan Stanley's ETF MSBT, with a daily net inflow of USD 4.49 million, and the total historical net inflow of MSBT currently stands at USD 520.89 million.
The Bitcoin Spot ETF with the highest net outflow yesterday was Ark Invest and 21Shares's ETF ARKB, with a daily net outflow of USD 77.98 million, and the total historical net inflow of ARKB currently stands at USD 1.39 billion.
The total net asset value of Bitcoin Spot ETFs is USD 99.33 billion, with an ETF net asset ratio of 6.31%. The historical cumulative net inflow has reached USD 55.45 billion.
Hunter Biden's memecoin LAPTOP lost more than 95% of its value within one hour of trading opening on Base. A wallet analysis by Bubblemaps shows that 12,151 of 15,206 buyers lost money.
Bubblemaps reviewed every address that bought the token after launch. In total, 12,151 of the 15,206 wallets ended up underwater, or roughly 80%. Another 3,026 addresses turned a profit, while 29 sat at break-even or resisted assessment.
For the large majority, however, the losses stayed small. In fact, 11,311 wallets lost less than USD 1,000 each.
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Pepe (PEPE) remained under pressure on Thursday, trading near USD 0.00000348 after failing to overcome a crucial resistance level.
On-chain data shows that large holders have been reducing their positions, potentially increasing near-term selling pressure.
Wallets holding between 10 million and 100 million PEPE have collectively offloaded approximately 80 billion tokens since August 25. This substantial distribution suggests that larger investors are taking profits after the recent rally.
Over the same period, smaller and mid-sized wallets holding between 100,000 and 10 million PEPE accumulated a combined 5.06 billion tokens.
The United States Secret Service froze USD 52.8 million in the stablecoin USDT across 52 wallets linked to Xinbi Guarantee, an illegal marketplace operating on Telegram.
The operation was made possible by intelligence provided by blockchain analytics firm Elliptic, coordinated with the Office of Foreign Assets Control (OFAC), which formally designated the platform as a transnational criminal organization.
Xinbi functioned as an escrow service facilitating the laundering of proceeds from global fraud schemes such as pig butchering, having processed more than USD 24 billion since 2022.
This action delivers a major blow to the underground financial infrastructure operating on Telegram and reinforces federal agencies’ ability to track flows on public blockchains.
Arya.ag has begun putting records connected to approximately USD 2 billion in stored crops on an Avalanche-based blockchain for agricultural lenders in India.
Reports on September 10 said the system records grain deposits, electronic warehouse receipts and loan status, enabling authorized lenders to verify crops offered as collateral. Infosys co-founder Nandan Nilekani announced the project at the Global Fintech Festival in Mumbai.
The USD 2 billion figure covers the estimated value of crops held across Arya.ag’s warehouse network. It does not represent the value of loans already recorded on the blockchain.
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1. How much did Bitcoin spot ETFs lose in net outflows?
Bitcoin spot ETFs recorded a combined USD 120.24 million in net outflows. ARKB led the withdrawals with USD 77.98 million in daily net outflows, while MSBT attracted USD 4.49 million.
2. What happened to the LAPTOP memecoin?
LAPTOP lost more than 95% of its value within one hour of trading opening on Base. Bubblemaps data showed that 12,151 of the token's 15,206 buyers ultimately lost money.
3. Why are PEPE whales selling their tokens?
Wallets holding between 10 million and 100 million PEPE have sold around 80 billion tokens since August 25. The distribution could indicate profit-taking and may add to near-term selling pressure.
4. Why did the US Secret Service freeze USD 52.8 million in USDT?
The Secret Service froze USD 52.8 million across 52 wallets linked to Xinbi Guarantee, an illegal Telegram marketplace allegedly involved in laundering proceeds from global fraud schemes.
5. What is Arya.ag putting on the blockchain in India?
Arya.ag is recording information related to grain deposits, electronic warehouse receipts and loan status using an Avalanche-based blockchain. The network covers stored crops estimated to be worth approximately USD 2 billion.