Bitcoin remains pinned below $65,000 as random bouts of intense selling pressure persist, but one onchain indicator has stabilized, providing insight into when spot market demand may return.

Ether whale order sizes are shrinking, while a $2 billion short cluster near $2,000 frame a tightening liquidity scenario for ETH after a sixth week of red price action.

The approval allows WisdomTree’s tokenized Treasury money market fund to trade and settle around the clock within the US regulatory framework.

Tokenized securities, 24/7 trading and onchain settlement could allow the NYSE’s blockchain plans to reshape post-trade processes in financial markets.

Ether’s drop to $1,800 reflects weak technicals and onchain signals that point to continued downside risk as Ethereum ETF outflows persist.