{"id":69176,"date":"2026-01-24T08:46:42","date_gmt":"2026-01-24T08:46:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=69176"},"modified":"2026-01-24T08:46:42","modified_gmt":"2026-01-24T08:46:42","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:\/\/dogewisperer.com\/?p=69176","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":"
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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:<\/b> Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/b><\/a><\/p>\n

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

\"Why
(Source: Coinglass)<\/a><\/figcaption><\/figure>\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

\"Why
(Source: DefiLlama)<\/a><\/figcaption><\/figure>\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

\"Why
(Source: DefiLlama)<\/a><\/figcaption><\/figure>\n

\u00a0<\/p>\n

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

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

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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<\/blockquote>\n