Crypto markets are pulling back after a strong Sunday as digital asset investment products saw their third consecutive week of outflows, with Bitcoin taking the biggest hit—$2.6 billion in outflows.

Notable Statistics:

• IntoTheBlock data shows large transaction volume increasing by 25% and daily active addresses falling by 16.8%. Transactions greater than $100,000 are up from 9,755 to 10,965 in a single day. Exchanges netflows are up by 4.1%.
• Coinglass data reports 195,184 traders were liquidated in the past 24 hours for $672.38 million.

Notable Developments:

• Analysts Doubt US Crypto Reserve Expansion Beyond Bitcoin, Cite Funding Challenges
• Crypto Czar David Sacks Confirms Selling All Bitcoin, Ethereum, Solana Holdings, Denies ‘Large Indirect Holdings’
• Blockchain To Redefine Global Markets In A Decade, Says Pyth Director
• Strategy’s Michael Saylor Calls Crypto Reserve ‘Bullish for Bitcoin’, Predicts $100 Trillion Opportunity

Top Losers:

Trader Notes: Crypto trader Follis dubbed the recent price action "Sunday pump, Monday dump" as Bitcoin reversed its gains. Ali Martinez noted that the last two times Bitcoin formed a hammer candlestick on the weekly chart, it led to major price rallies.

CJ pointed out that Bitcoin rejecting at the yearly open isn't a great sign, with price re-entering last Wednesday's range. He predicts a move towards $83,000 and warns that for bulls, low $80Ks need to hold as a higher low.

Rekt Capital highlighted Bitcoin's downside deviation, filling the CME gap—potentially setting up a higher low relative to last week's low.

Read Next: 

• Peter Schiff Says Trump Forcing US Taxpayers To Buy Bitcoin ‘And Other Worthless Crypto’ Is Preventing The Market From Collapse

Image: Shutterstock