2026-01-09 12:28:44

The crypto derivatives market showed notable volatility this week. Ethereum ETFs experienced significant outflows totaling $159M, while Bitcoin ETFs saw even steeper capital withdrawals of $400M, signaling mixed investor sentiment across major cryptocurrencies.

On the project front, Optimism has announced plans to roll out a token buyback initiative for $OP soon, reflecting the project's approach to token economics management. Meanwhile, security concerns emerged when Truebit fell victim to an exploit resulting in the loss of 8,535 ETH valued at approximately $26.4M—a stark reminder of the ongoing risks in smart contract ecosystems.

In related trading activity, SOL Strategies offloaded 3,503 $SOL during December, contributing to observed market movements in the Solana ecosystem. These developments collectively illustrate the dynamic shifts in capital flows, protocol governance actions, and risk factors shaping the current digital asset landscape.

ETH1,83%

BTC1,4%

OP2,76%

SOL4,76%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
4
Repost
Share

Comment

0/400

WalletAnxietyPatient

· 01-09 12:58

Wait, another large outflow? BTC's $400 million dumped out. Is this institutional exit or profit-taking at a high point? Truebit has been hacked again, and 26 million just disappeared. Was the contract audit all for nothing? OP is doing a buyback. Is this to stabilize the market or to pump it up... Anyway, I don't dare to move. SOL is selling off again. With so many big players exiting the Solana ecosystem, my confidence is collapsing. Large investors are leaving, hackers are leaving too. I'm just hiding in my wallet and not moving... Is this safe? Is it really safe? This week's market is full of surprises, and next week there will be new traps waiting.

View OriginalReply0

FudVaccinator

· 01-09 12:55

Another dump week... The $400 million outflow from the BTC ETF is really impressive. --- OP buyback? I think it's just to stabilize the price, don't be fooled. --- Truebit got caught again, this time losing really badly... Still dare to touch these contracts? --- Sol ecosystem is selling off again? Every time this happens, the price drops, the rhythm is too obvious. --- Funds are fleeing, what kind of signal is this? --- Ethereum ETF also withdrew, indicating no one is optimistic about the recent market trend. --- Token buyback = a new trick to cut leeks, setting a trap. --- $26.4 million just disappeared like that, the vulnerability is really outrageous. --- Sol Strategies keeps selling off, do they know something we don't? --- Is this outflow never going to end? Market confidence is completely shattered.

View OriginalReply0

PonziDetector

· 01-09 12:41

Large funds are moving, are they really panicking this time... $400 million was spent, it seems the holders are not fools Was Truebit attacked again? When will the issue of smart contract security truly be resolved Is the OP buyback a signal? Or just a hard push... Over 3,500 SOL were sold off there, that’s a really aggressive move

View OriginalReply0

ZkProofPudding

· 01-09 12:34

$400 million withdrawal... here we go, it's going to drop again.

View OriginalReply0