# Bitcoin ETF flow — X 热门讨论 (2026-10-09 06:24 UTC)

## @0xkyliekim (Kylie Kim | 蓝鸟会🕊️) · 10-09 00:44 · ♥26 ↻0 💬29 Crypto had a rough night.

Total market cap is sitting around $2.85T to $2.86T, down roughly 0.6% to 2.4% over the last 24 hours. Volume is elevated at about $123B to $169B, while Bitcoin dominance is holding near 57.5%.

BTC is around $81,700, down about 1.9%. It traded above $83,000 to $85,000 earlier before sliding toward the $80,000 to $81,000 area.

ETH is weaker at roughly $2,474, down 3.8%.

The rest of the majors are taking more damage:

SOL is down 5.6% near $109.

BNB is down 4.7% near $735.

DOGE is down 5.3% near $0.084.

XRP is down 2.7% near $1.38.

Altcoins were hit hardest. NEAR fell 14% to 17%, ZEC dropped 10% to 13%, PUMP lost about 13%, and AVAX and ADA both fell around 9% to 11%.

Only about 25% of the top assets were positive over the period. JUP gained roughly 7% to 8%, ONDO rose about 4%, and BTW was one of the stronger names with an 8% gain.

The leverage flush was the real story.

Crypto liquidations reached somewhere between $800M and $1.16B, depending on the source, with more than 85% coming from longs. That means roughly $700M to $1B or more in long positions were forced out, affecting an estimated 140,000 to 187,000 traders.

BTC and ETH led the liquidations, while individual positions as large as $11M to $20M were wiped out on Binance and HTX.

Funding is not showing full panic yet. BTC perpetual funding is still slightly positive at around 0.0023% every eight hours, meaning longs are still paying shorts. ETH is near zero or slightly negative, and several altcoins have moved negative as shorts build.

The ETF flow is also working against the market. US spot Bitcoin ETFs saw roughly $485M to $487M in net outflows in the latest reported session, the largest daily outflow since late June. IBIT led with about $208M leaving, followed by FBTC at roughly $105M and ARKB near $102M.

Ethereum ETFs saw another roughly $161M of outflows.

This looks more like a leverage and macro reset than a crypto specific event. Hawkish Fed expectations, higher Treasury yields and rising oil prices are keeping risk assets under pressure.

Fear and Greed is sitting between 30 and 38.

Until ETF flows stabilize and BTC reclaims the low $83,000s, I would treat rallies as relief moves rather than a confirmed reversal. https://x.com/0xkyliekim/status/2108357970321080474