Saturday, August 2, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

Bitcoin Drops Below $102K as Options Expiry and ETF Outflows Weigh on Crypto

Munene Timothy by Munene Timothy
May 15, 2025
in Market, News
Reading Time: 4 mins read
Bitcoin Drops Below $102K as Options Expiry and ETF Outflows Weigh on Crypto
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • Bitcoin fell below $102K as $386.38M in liquidations hit; Fear and Greed Index stays high at 70, showing lingering investor interest.
  • $3.1B in BTC and ETH options expiring, with max pain at $100K and $2,200; volatility expected during expiry window.
  • ETH ETFs saw $5.15M in outflows; Grayscale leads with 3,983 ETH withdrawn as Ethereum nears $2,500 support.

Bitcoin dropped below $102,000 as markets reacted to major liquidations, ETF outflows, and looming options expirations. According to CryptoRank, the broader crypto market is experiencing a correction, dragging Ethereum closer to $2,500. 

📉 Market Overview

Market is undergoing a correction: $BTC has fallen below $102K, while $ETH is retreating toward the $2.5K mark.

Tokens in the @ethereum ecosystem have also seen a sharp decline, as $STRK, $ENA, and $EIGEN have each lost more than 10% of their value.

Market… pic.twitter.com/AQDts0Jc3E

— CryptoRank.io (@CryptoRank_io) May 15, 2025

The total crypto market cap is at $3.47 trillion. Over the last 24 hours, liquidation volume reached $386.38 million, indicating increased volatility. The Fear and Greed Index currently reads 70, indicating strong investor appetite despite recent pullbacks.

Related articles

Can a 1% Pension Fund Allocation Push XRP to $34

Can a 1% Pension Fund Allocation Push XRP to $34?

August 2, 2025
Visa and Mastercard Dismiss Stablecoin Threat, See Uptick Only in Inflation-Stricken Nations

Visa and Mastercard Dismiss Stablecoin Threat, See Uptick Only in Inflation-Stricken Nations

August 2, 2025

Weakness in Bitcoin and Ethereum ETFs

Lookonchain reported notable outflows across both Bitcoin and Ethereum exchange-traded funds on May 14. Bitcoin ETFs saw a combined net outflow of 915 BTC, worth $95.12 million. Fidelity alone accounted for 873 BTC in outflows. 

May 14 Update:

10 #Bitcoin ETFs
NetFlow: -915 $BTC(-$95.12M)🔴#Fidelity outflows 873 $BTC($90.69M) and currently holds 198,247 $BTC($20.6B).

9 #Ethereum ETFs
NetFlow: -1,979 $ETH($5.15M) 🔴#Grayscale(ETHE) outflows 3,983 $ETH($10.35M) and currently holds 1,129,089… pic.twitter.com/XwxH41DaSA

— Lookonchain (@lookonchain) May 14, 2025

Now it holds 198,247 BTC valued at $20.6 billion. Ethereum ETFs recorded a larger exodus of 1,979 ETH, equal to $5.15 million in value. Grayscale’s ETHE fund withdrew 3,983 ETH, maintaining 1,129,089 ETH, totaling $2.94 billion.

Santiment noted Bitcoin’s market cap is around $2.05 trillion. Bitcoin’s distribution shows 68% held by institutional wallets with 10–10,000 BTC, while retail investors control only 17.5%. 

Liquidity providers with over 10,000 BTC hold the remaining 14.5%. Ethereum wallets have similarly declined, with daily new wallets now averaging 112,000. Bitcoin leads with 309,000 new wallets per day, while XRP and USDT follow with 3,500 and 36,400 respectively.

Over $3.1B in Crypto Options Set to Expire

According to Deribit, a major expiry event is scheduled for tomorrow at 08:00 UTC, with $3.1 billion in BTC and ETH options set to expire. Of that, $2.66 billion is in Bitcoin options, with a nearly balanced put/call ratio of 0.99. 

🚨 Options Expiry Alert 🚨

Tomorrow 08:00 UTC: Over $3.1B in BTC & ETH options expire on Deribit.$BTC: $2.66B notional | Put/Call: 0.99 | Max Pain: $100K
$ETH: $525M notional | Put/Call: 1.24 | Max Pain: $2,200

BTC skew is neutral, ETH puts slightly outweigh calls. Price… pic.twitter.com/jBj4C4tMvX

— Deribit (@DeribitOfficial) May 15, 2025

The max pain price is at $100,000. Ethereum’s share of the expiry is $525 million, with a put/call ratio of 1.24 and max pain at $2,200. Market outlook suggests potential price fluctuations during and after the event. This options expiry coincides with high losses among Ethereum ecosystem tokens. 

CryptoRank noted that STRK, ENA, and EIGEN each dropped over 10%. This follows Binance’s announcement of listing Nexpace (NXPC) today, with trading pairs across USDT, USDC, BNB, FDUSD, and TRY. Meanwhile, MetaMask co-founder Dan Finlay commented that a native token for the wallet is still uncertain.

Binance will list Nexpace (NXPC) on May 15, 2025, at 15:30 (UTC+8), and open trading pairs with USDT, USDC, BNB, FDUSD, and TRY. NXPC will be subject to the Seed Tag trading rules. Additionally, the Binance HODLer Airdrop for NXPC is now live.https://t.co/hnHUTU4nBL

— Wu Blockchain (@WuBlockchain) May 15, 2025

Small Cap Tokens Lead in Daily Gains

While large caps struggle, smaller tokens posted notable gains. According to CryptoRank, aUselessCoin surged by 63%, while Litentry rose by 60.5%. TomiPioneers climbed by 53.1%, followed by Naiivememe at 41.4% and RatoTheRatCoin at 41%. 

Despite market broader weakness, select altcoins continue to attract market interest. These gains came as the Ethereum market faced broader declines, indicating mixed sentiment across crypto assets.

Tags: Bitcoin (BTC) NewsETF News

Related Posts

Can a 1% Pension Fund Allocation Push XRP to $34

Can a 1% Pension Fund Allocation Push XRP to $34?

by Irene Mukiri
August 2, 2025

Even a 1% allocation from global retirement funds could push XRP to over $11. XRP’s price could surge to $34...

Visa and Mastercard Dismiss Stablecoin Threat, See Uptick Only in Inflation-Stricken Nations

Visa and Mastercard Dismiss Stablecoin Threat, See Uptick Only in Inflation-Stricken Nations

by Veronicah Peninah
August 2, 2025

Visa and Mastercard report that stablecoins currently have negligible adoption compared to their $15 trillion annual transaction volume. Both firms...

Arthur Hayes Sells Over $13M in Crypto as Market Eyes Tariff and GDP Pressures

Arthur Hayes Sells Over $13M in Crypto as Market Eyes Tariff and GDP Pressures

by Jonathan Carls
August 2, 2025

Arthur Hayes' massive ETH, ENA, and PEPE sell-off sparks fresh market concerns Ethereum breaks key levels, struggles to hold support...

Trump Pushes for Fed Board Action Amid Powell Rate Dispute

Trump Pushes for Fed Board Action Amid Powell Rate Dispute

by Veronicah Peninah
August 1, 2025

Trump urged the Federal Reserve Board to override Jerome Powell if rate cuts are not implemented. The recent 9-2 vote...

4 Altcoins Ready for a BIG August Pump—Major Catalysts You Shouldn’t Miss

4 Altcoins Ready for a BIG August Pump-Major Catalysts You Shouldn’t Miss

by Munene Timothy
August 1, 2025

Solana eyes a $1,315 breakout as ETF interest and Fire Dancer upgrade drive developer and capital inflows. Sei gains with...

Load More

Recent News

  • Can a 1% Pension Fund Allocation Push XRP to $34?
  • Visa and Mastercard Dismiss Stablecoin Threat, See Uptick Only in Inflation-Stricken Nations
  • Arthur Hayes Sells Over $13M in Crypto as Market Eyes Tariff and GDP Pressures
  • Trump Pushes for Fed Board Action Amid Powell Rate Dispute
  • 4 Altcoins Ready for a BIG August Pump-Major Catalysts You Shouldn’t Miss

Popular News

  • KEKIUS Price Prediction for June 2025 Signs of Weak Momentum and Accumulation Battle

    KEKIUS Price Prediction for June 2025: Signs of Weak Momentum and Accumulation Battle

    202 shares
    Share 81 Tweet 51
  • Bitcoin and Ethereum Face Pressure as 2,500 BTC and 80,000 ETH Hit Exchanges Amid Political Fallout

    200 shares
    Share 80 Tweet 50
  • Market Analyst say XRP Could Finally Break Out of Its Current Consolidation in 2-4 weeks If It’s Following 2017

    199 shares
    Share 80 Tweet 50
  • SUI Price Breakout or Fakeout? What Chart Patterns Are Saying

    199 shares
    Share 80 Tweet 50
  • SEC Approves Nasdaq Crypto Index Update to Include SOL, ADA, XLM, and XRP

    200 shares
    Share 80 Tweet 50

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Can a 1% Pension Fund Allocation Push XRP to $34
Can a 1% Pension Fund Allocation Push XRP to $34?
August 2, 2025
Visa and Mastercard Dismiss Stablecoin Threat, See Uptick Only in Inflation-Stricken Nations
Visa and Mastercard Dismiss Stablecoin Threat, See Uptick Only in Inflation-Stricken Nations
August 2, 2025
Arthur Hayes Sells Over $13M in Crypto as Market Eyes Tariff and GDP Pressures
Arthur Hayes Sells Over $13M in Crypto as Market Eyes Tariff and GDP Pressures
August 2, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact