Divergence in BTC and ETH Exchange Inventories, Acceleration of ETH Outflows from CEX

LSK jumped 700% this week on a real catalyst — Lisk shutting down its original chain and proposing to burn 25% of supply — but a $35 million short squeeze did most of the heavy lifting.

Ahead of the September 14 open, global markets are focused on this week’s FOMC. After hotter-than-expected August inflation, odds of a September 16 hike rose above about 85%. Bitcoin broke below $77,000 to about $76,700–$76,800, with Ethereum near $2,500. In Friday’s session, communication services and industrials outperformed, while Apple closed up about 1.75%. CrowdStrike (CRWD) drew attention after unveiling AI-agent protection products at Fal.Con, and investors are also waiting for this week’s key CLARITY Act procedural vote and the rate decision.

No sale has been confirmed. On October 8, 2026, US government-linked wallets moved 12,267 BTC, worth about $1.01 billion, out of a wallet holding funds seized in the 2016 Bitfinex hack, to new unlabeled addresses with no exchange deposit recorded. On-chain data shows movement, not intent, and no US agency has explained the transfers.

The Bitcoin price briefly fell below $81,000 on October 9, 2026, its lowest level in nearly three weeks, after repeated failures near $87,000. A bond selloff, weaker tech stocks, spot ETF outflows and a long liquidation wave all added pressure. The $80,000 area is now the key support, while $83,000 is the first level bulls need to reclaim.