The ETF money kept leaving Ether while CredibleCrypto argued Ether's next expansion had already begun. Glassnode reported that US spot ETH ETFs had seen 23 straight sessions of outflows, "the longest streak since the funds launched", and read it as a sign of "weak demand from traditional investors who bought heavily in August and September" [1]. CredibleCrypto wrote that ETH "has completed it's range/consolidation phase and actually already begun the next expansion phase", adding that this was "not obvious to many because technically its still trading within the price region of our corrective range" [2].
The flows
Bitcoin's ETF flows ran the same way. Whale Alert reported a $643.2 million daily outflow from US spot Bitcoin ETFs, erasing four days of inflows [3]. Coin Bureau's downside case rests on that condition: "if 80k snaps under heavy ETF outflows, the slide straight down to 75K is possible", with the $80,000 floor holding in its account "because US spot ETF buyers average $81,500 and corporate treasuries average $80,200" [4]. Bitcoin's official account posted a price of $77,445.23, below the $80,000 level that video treated as the floor [5][4].
Binance: the recovery and the stolen funds
Binance's third recovery update, posted at 14:30 UTC, said the share of hacked losses it had covered rose to 90%, up from approximately 80%, out of more than $6.34 billion in company funds set aside; the update's headline said a proof-of-reserves snapshot was provided [6]. Earlier in the day, Whale Alert had relayed unverified allegations that the hack was an inside job and that Binance had postponed its proof-of-reserves report [7].
At 14:57 UTC, Whale Alert flagged 7,499 BTC ($581,377,429) moving from Binance SAFU to an unknown wallet; the post gave no reason for the transfer [8]. Stolen funds kept moving from shortly after midnight UTC into the evening: Whale Alert flagged TRX leaving wallets it tagged Binance Hack 2026 for unknown wallets, including 120,000,000 TRX ($39,210,232) at 07:58 UTC, another 120,000,000 TRX ($38,260,155) at 14:50 UTC and 158,200,902 TRX ($49,075,522) at 18:44 UTC [9][10][11][12].
The security risk was not confined to Binance. Blockaid flagged the Step Drainer toolkit in a DNS hijack affecting 12 DeFi websites, per a Whale Alert post [13], and Lark Davis argued that repeated hacks, Binance's included, are eroding trust in the industry [14].
Where the voices split
CredibleCrypto read the hack through the FTX lens: "Structural similarities here too between the FTX collapse that marked our bottom and the Binance hack" [15]. On Bitcoin, CredibleCrypto sketched a rally before a reckoning, "assuming $BTC finds a floor here shortly and heads to 90k+ before a larger pullback", and added: "don't get lulled into a false sense of security if we do get these rallies because I think what comes after will be a larger unwind for most" [16].
Others put the near-term risk outside crypto. Coin Bureau said that when tech earnings show "AI spending isn't paying off", the Nasdaq takes a hit and drags Bitcoin with it, and pointed to oil above $100 and Treasury yields near 5% draining liquidity [4]. Whale Alert relayed a 2.9% Nasdaq drop that had investors questioning whether AI-driven spending can justify tech valuations [17], and Ansem floated the possibility that crypto topped before equities this cycle and could still face further declines [18].
Lark Davis took the other side on Bitcoin, pointing to chart crossovers that "only come basically once every three to four years" and walking through a Willy Woo random-walk simulation of Bitcoin's possible futures [19]. Trader Mayne said "hype looks amazing", describing HYPE's chart as "a big weekly retest" [20].
Solana and the dollar layer
CredibleCrypto repeated a call against Solana relative to Ether: "still expect $SOL to fall another 30-40% against $ETH at minimum" [21]. Whale Alert separately flagged 609,699 SOL ($58,512,315) at 05:19 UTC and 550,157 SOL ($52,667,531) at 13:40 UTC moving from unknown wallets to Coinbase Institutional; neither post said why [22][23].
Stablecoin plumbing stayed busy. Whale Alert recorded 222,700,000 USDT, 158,750,000 USDT and 195,900,100 USDT moving from Bitfinex to the Tether Treasury between 00:46 and 01:21 UTC [24][25][26], and the USDC Treasury minted 250,000,000 USDC at 17:17 UTC and the same amount again at 19:36 UTC [27][28].
In DeFi, a post relayed on CredibleCrypto's feed said Curve Finance is now live on Stellar, its first native deployment outside the EVM, with StableSwap rebuilt from the ground up for Stellar's Soroban platform because the existing Vyper contracts could not simply be deployed there [29]. And Bybit marked 18 years since Satoshi Nakamoto's original paper [30].
