Whale-Led ‘Flash Crash’ Jolts Markets; ETH ETFs Hoover Inflows

24k BTC Whale Triggers Weekend “Flash Crash”

A single large holder unloaded approx 24,000 BTC over the weekend, sparking a sharp, minutes-long drawdown that flushed hundreds of millions in leverage and knocked BTC into the low $110Ks before buyers stepped back in. Flows and chatter since point to a rotation trade: ETH held up relatively better as traders leaned into the ETF bid and L2/DeFi narratives.

U.S. Commerce Puts GDP Data On-Chain (Proof of Concept)

In a first, the U.S. Department of Commerce said it published GDP data across nine blockchains as a PoC to test immutability and distribution of official statistics, explicitly including Bitcoin and Ethereum among the networks used. It’s early and partly symbolic, but it’s a notable “government → public chains” signal.

HBAR Added to Metal X Lending (Borrow or Earn + LOAN Rewards)

Metallicus confirmed Hedera (HBAR) is now live on Metal X Lending / LOAN Protocol. HBAR holders can either use HBAR as collateral to borrow any supported asset on the platform, or lend HBAR to earn interest plus LOAN token rewards - expanding the menu for Hedera users seeking yield or credit without selling spot.

Bitcoin ETF Flow

Bitcoin ETFs kicked off the week strongly with $219.1m inflows on Monday, as buyers rotated back into BTC after the weekend “flash crash.” Momentum slowed midweek but remained positive, with $88.1m on Tuesday and $81.4m on Wednesday, showing steady institutional demand despite choppy spot prices. By Thursday, flows accelerated again to $178.9m, led by renewed appetite for the larger issuers. In total, the four-day stretch added up to 567.5 million dollars, signaling that institutions are selectively re-building positions into dips, even with BTC trading near 108k.

Ethereum ETF Flow

Ethereum ETFs once again outshone Bitcoin on the flow front. The week began with $443.9m worth of inflows on Monday and strengthened further with $455m on Tuesday, the highest single-day intake of the week. Allocations moderated but stayed healthy with $309.5m on Wednesday, before cooling to $39.1m on Thursday as some profit-taking emerged. Altogether, ~1.25 billion dollars entered ETH products over the four sessions, underscoring persistent institutional conviction in Ethereum’s ETF trade even as volatility picked up across the broader crypto market.

Top Gainers on Metal Pay (7-Day Snapshot)

Markets spent most of the week under pressure, but a few tokens managed to hold their ground. Solana (SOL) was the standout, climbing 5.1% and finishing the week as the only major asset in the green , helped by steady DeFi flows and resilient on-chain activity. Among the rest, Metal DAO (MTL) at -3.9% and XPR Network (XPR) at -5.0% proved relatively stable compared to the broader market slide. By contrast, Bitcoin (BTC) and Ripple (XRP) lagged with -6.5% and -6.8% respectively, reflecting the impact of the whale-led flash crash and continued macro jitters. The snapshot highlights how a handful of altcoins weathered the downturn better than the majors, keeping investor focus on relative strength plays.