Virtual assets shaken by US tariff offensive… Bitcoin, strong signal of mass withdrawal from exchanges [Decenter Market Status]

Although the cryptocurrency market was shaken by Donald Trump's car tariffs, Bitcoin (BTC) is building expectations for a rebound, backed by large-scale buying and institutional fund inflows.

According to CoinMarketCap, a global cryptocurrency market tracking site, as of 8 am on the 26th, BTC recorded 86,832.32 dollars, down 0.77% from the previous day. At the same time, the altcoin leader Ethereum (ETH) was trading at 2,000.69 dollars, down 3.03%. XRP and Solana (SOL) fell by over 4%. XRP dropped 4.03% to 2.345 dollars, and SOL fell 4.62% to 136.87 dollars.



At the same time, on the domestic exchange Bithumb, BTC recorded 128,415,000 won, up 0.13% from the previous day. ETH was down 0.84% to 2,958,000 won, XRP fell 2.64% to 3,467 won, and SOL dropped 2.27% to 202,400 won.

The Trump-triggered tariff shock is seen as negatively affecting risk assets and constraining investment sentiment. President Trump signed an executive order on the 26th (local time) imposing tariffs on foreign-made automobiles. Following the steel and aluminum tariffs, the tariff war is escalating with high tariffs being applied to other items. On April 2nd, a reciprocal tariff plan considering trade barriers and tariff levels by country is also expected, which is anticipated to have significant repercussions on global trade order.

Immediately after the announcement, the US stock market showed a downward trend, and major cryptocurrencies, including BTC, were collectively adjusted. However, BTC is building expectations for a rebound amid several positive indicators such as decreased exchange supply, whale investor purchases, and expanded institutional fund inflows.

According to Cointelegraph, approximately 27,740 BTCs were withdrawn from exchanges on the 25th. This is the highest number since late July last year, interpreted as a signal that large-scale selling pressure is decreasing. In particular, whale wallets holding over 1,000 BTC were found to have withdrawn 11,574 BTC in a single day, seemingly initiating full-scale accumulation.

Blockchain data analysis firm Arkham Intelligence revealed that a whale investor recently purchased an additional 2,400 BTC. This investor appears to have judged the recent price drop as an opportunity to re-enter after selling at the high point in February.

Institutional investment demand, as measured by US spot ETF inflows, is also showing a positive trend. Inflows have continued for 8 consecutive days since the 14th, with a cumulative inflow of $896.6 million during this period. Market analysis firm Sentiment explained, "After ETF fund flows rebounded, BTC and altcoins are showing strength across the board."

Meanwhile, the Crypto Fear and Greed Index from cryptocurrency data analysis firm Alternative.me shifted to a 'neutral' state at 47 points, up 1 point from the previous day. This index indicates that the closer it is to 0, the more constrained the investment sentiment, and the closer to 100, the more overheated the market.

Reporter Do Ye-ri

yeri.do@sedaily.com