Circle and Tether, the companies behind dollar-linked tokens USDC and USDT, have already frozen about $320,000 in stablecoins connected to the breach. Their tokens contain controls that allow the companies to blacklist addresses.

Read More: Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist

The XRP transfers accelerated overnight. At 04:32 UTC Saturday, about 70 million tokens remained in the original five accounts. Roughly eight hours later, that balance had fallen to 49 million.

Some payments followed routes already used by the first wallet. After an attempted transfer of about 521,000 XRP failed because that account lacked sufficient funds, the second sent an identical amount to the intended recipient roughly an hour later.

About 54 million XRP has now left the original holding accounts. The transfers show the attacker distributing the stolen funds across more wallets, although they do not reveal how much has been sold.

XRP traded around $1.54 on Saturday, down about 4% over 24 hours while retaining a weekly gain of about 9%, according to CoinGecko.

At that price, the original XRP haul was worth roughly $160 million, or equivalent to about 4% of the token’s $4.4 billion in reported daily trading volume. How much a sale would move the price depends on the buy orders available when it happens.

Flashback to Tepper’s buy ‘everything’ in China call

U.S. spot Bitcoin exchange-traded funds took in $2.39 billion during the Sep. 21–25 trading week, with net inflows on all five days. Spot Ether ETFs added $689.8 million, while Solana funds drew $188.1 million.

According to Farside Investors, Monday’s $999 million was the largest daily Bitcoin ETF inflow of the week. The funds then added $714.7 million on Tuesday, $346.9 million on Wednesday, $190.7 million on Thursday and $134.5 million on Friday.

BlackRock leads Bitcoin ETF inflows

BlackRock’s iShares Bitcoin Trust, or IBIT, collected $1.16 billion over the five sessions, based on Farside’s daily fund figures. Fidelity’s FBTC followed with $701.6 million, while ARK 21Shares’ ARKB added $294.7 million. Morgan Stanley’s MSBT drew $203.3 million.

Monday accounted for nearly $1 billion of the Bitcoin funds’ $2.39 billion weekly total. IBIT received $381.4 million that day, while ARKB took in $289.1 million and FBTC added $238.8 million. Tuesday brought another $350.3 million to IBIT and $257.4 million to FBTC.

The pace slowed later in the week, but the combined funds remained positive through Friday. IBIT posted an inflow on every trading day. The weekly total also exceeded the prior week’s roughly $6.1 million net inflow, which included sharp withdrawals on Sep. 15 and 16 before flows recovered.

Bitcoin’s price moved above $87,000 earlier in the week before pulling back. crypto.news reported on Friday that BTC was holding near $84,000 despite continued ETF inflows. The fund data show sustained net buying through the price retreat; they do not establish how much of the price move came from ETF demand.

Ether funds reverse the previous week’s outflow

U.S. spot Ether ETFs recorded $689.8 million in net inflows from Sep. 21 through Sep. 25, according to Farside’s Ether data. The funds added $270 million on Monday, followed by $162.2 million, $104.5 million, $66.1 million, and $87 million over the next four sessions.

The result reversed the previous week’s roughly $140.6 million net outflow. BlackRock’s ETHA led this week’s gains with $326.2 million, while Fidelity’s FETH took in $174.1 million. BlackRock’s staking fund ETHB added $47.5 million.

Monday’s $270 million was Ether ETFs’ strongest day of the week. ETHA received $110.1 million, FETH added $73 million, and Grayscale’s lower-fee ETH fund drew $59.3 million. Daily inflows became smaller as the week progressed, though the group finished each session in positive territory.

Solana ETFs finish with their strongest day

Spot Solana ETFs drew $188.1 million for the week, based on Farside’s Solana figures. Their daily net inflows were $26 million on Monday, $28.9 million on Tuesday, $13.7 million on Wednesday, $32.8 million on Thursday, and $86.7 million on Friday.

Bitwise’s BSOL accounted for $128.4 million of the weekly total. It received $55.7 million on Friday, when Grayscale’s GSOL added $18.5 million, and Morgan Stanley’s MSOL took in $6 million.

Across the Bitcoin, Ether and Solana products tracked in Farside’s three tables, net inflows totaled approximately $3.26 billion for Sep. 21–25. Bitcoin funds accounted for about 73% of that combined figure.

Bitcoin price traded near $84,000 on Sep. 26 after retreating about 4% from its weekly high of $87,363. Sell orders clustered above the price, while the daily chart showed BTC holding well above its 20-day midpoint.

Bitcoin faces sell orders from $85,000 to $85,800

Bitcoin (BTC) price rose to $87,363 earlier in the week before falling back toward $84,000. On Sep. 26, its Binance daily candle showed a high of $84,145 and a low of $83,798 as of 07:07 UTC. The roughly $347 intraday range was much smaller than the move from the weekly peak.

Market commentator Wealthmanager identified a band of sell orders extending from $85,000 to $91,000. The analyst placed the first hurdle at $85,000–$85,800, followed by $88,000, and described $90,000 as the largest wall above the market.

Mister Crypto also identified $85,000 as the level limiting Bitcoin’s recent rebounds. The analyst said a continued stretch below it could precede another decline, while Wealthmanager pointed to $81,000–$82,000 as a possible pullback area if BTC fails to regain $85,000.

Bitcoin would need to climb about $1,000 from the charted price to retest the lower edge of that first sell zone. A move through $85,800 would bring the 4-hour Supertrend level and the weekly high back into focus. The analysts’ order-book readings may change as traders add, fill, or cancel orders.

The drop from $87,363 also followed a sharp gain earlier in the week. CoinGecko showed Bitcoin still higher over seven days on Sep. 26, despite its retreat from the peak. The weekly gain and the decline from the high measure different parts of the same move.

U.S. Bitcoin ETF inflows slow but stay positive

U.S. spot Bitcoin ETFs drew their largest inflow of the week as BTC approached its high. Farside Investors recorded $999 million in net inflows on Sep. 21, including $381.4 million for BlackRock’s IBIT, $289.1 million for ARK 21Shares’ ARKB and $238.8 million for Fidelity’s FBTC.

Net inflows reached another $714.7 million on Sep. 22. IBIT received $350.3 million, and FBTC drew $257.4 million that day. Across the two sessions, U.S. spot Bitcoin ETFs took in about $1.71 billion.

Daily inflows then eased to $346.9 million on Sep. 23, $190.7 million on Sep. 24 and $134.5 million on Sep. 25. The five trading days added up to approximately $2.39 billion in net inflows. Friday’s figure was $864.5 million below Monday’s, but it remained positive as Bitcoin traded below its weekly high.

The Friday total included $97 million for IBIT and $49.3 million for FBTC, partly offset by an $11.8 million outflow from Bitwise’s BITB. U.S. funds will not post a Saturday trading-day flow figure to match Bitcoin’s weekend price action.

U.S. interest rates remain part of the market backdrop. The Federal Reserve raised its target range by 25 basis points to 3.75%–4% on Sep. 16. The rate decision came before this week’s price high and pullback; the ETF figures show that fund inflows continued during the retreat.

Bitcoin’s 4-hour Supertrend turns $86,435 into resistance

On the Binance 4-hour chart, Bitcoin traded at $84,007.73 while the Supertrend stood at $86,434.95. BTC had moved below the indicator after its run toward $87,000. The gap left the Supertrend about $2,427 above the charted price.

The same chart showed a green support line at $83,592.86, about $415 below BTC. Price had held near $84,000 after falling from the weekly peak, placing that support line close to the lower edge of its latest range.

Bitcoin’s 4-hour Awesome Oscillator read −579.84. The histogram had crossed below zero as its earlier positive bars faded. Together with the Supertrend position, the reading showed weaker momentum on the shorter timeframe than on the daily chart.

CoinGlass’s three-day liquidation heatmap showed a bright band around $85,000–$85,500, near the sell zone identified by the analysts. Another area of elevated estimated liquidation exposure appeared around $86,500–$87,000. Below the market, a prominent band sat near $82,500, with additional exposure around $83,000–$83,500.

The heatmap places the nearest large concentrations on both sides of Bitcoin’s $84,000 trading area. The bands reflect estimated liquidation levels for leveraged positions. They can shift as positions open and close, so their presence alone does not determine which level price will reach first.

Daily RSI holds above 60 after the pullback

Bitcoin’s daily chart retained stronger readings than its 4-hour chart. The daily relative strength index stood at 63.94, above its moving average of 61.27. RSI remained above the neutral 50 level and below the commonly watched 70 level.

The middle line of the daily 20-period Bollinger Bands stood at $80,165.10. BTC traded roughly $3,843 above it at the charted price. The upper band was $87,230.36, close to the weekly high of $87,363, while the lower band stood at $73,099.85.

Bitcoin briefly traded beyond the upper band near its weekly peak before moving back inside it. Its current position between the upper band and the midpoint leaves $87,230 as a nearby daily chart level above price and $80,165 as a lower one.

The immediate upside sequence starts with the $85,000–$85,800 sell zone. Above it sit the 4-hour Supertrend at $86,435, the upper daily Bollinger Band at $87,230, and the weekly high at $87,363. Wealthmanager’s higher sell-order areas near $88,000 and $90,000 would come into view if BTC clears those levels.

On the downside, the 4-hour support line at $83,593 is closest to the market. The CoinGlass heatmap shows further estimated liquidation exposure around $83,000 and $82,500, followed by the $81,000–$82,000 pullback area identified by Wealthmanager. The daily Bollinger midpoint near $80,165 lies below those shorter-term levels.

Payward has divided that vision into four pillars: trading through Kraken, banking, asset management and Payward Services, its business-to-business infrastructure division.

Kraken has about 6.6 million funded accounts holding between $40 billion and $50 billion of assets, according to Sethi, across more than 190 countries and territories.

To grow its vision of a unified financial platform, Payward is now adding services around those accounts, including cards, lending, derivatives and tokenized equities, as well as products that allow customers to borrow against assets or deploy them in decentralized-finance applications. Kraken Financial, its Wyoming-chartered special-purpose depository institution, also forms part of the stack.

Build, buy or partner

That thesis is also shaping what the company is buying.

While Payward builds some capabilities internally, it also acquires others that would take years to replicate and partners with institutions whose position cannot simply be bought.

Payward paid $1.5 billion for the acquisition of NinjaTrader to build a U.S. futures brokerage, including its technology and regulatory permissions, which would have been costly and time-consuming, Sethi said. It followed that with a $550 million deal for Bitnomial, adding regulated derivatives infrastructure, including an exchange, clearinghouse and futures brokerage.

The firm is also “about to buy a bank in Europe,” Sethi said, without disclosing who the target was. Bloomberg reported in July that Payward was planning to buy a Lithuanian bank as part of its strategy to expand on the continent.

The company does not maintain a shopping list or broadly solicit pitches from bankers. Instead, it uses a quantitative framework to determine whether a target fills an infrastructure gap and provides capabilities customers want, Sethi said.