{"id":516047,"date":"2026-01-22T18:05:35","date_gmt":"2026-01-22T18:05:35","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=516047"},"modified":"2026-01-22T21:06:39","modified_gmt":"2026-01-22T21:06:39","slug":"bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/","title":{"rendered":"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains"},"content":{"rendered":"<p>U.S. spot <a href=\"\/coins\/bitcoin\">Bitcoin<\/a> exchange-traded funds recorded three straight trading sessions of net outflows this week, totaling $1.58 billion.<\/p>\n<p>The pullback follows a brief stretch of positive follow-through, sandwiched between another three-day outflow streak from Jan. 7 &#8211; 9 that totaled $1.134 billion, or about $378 million a day leaving the category.<\/p>\n<p>Earlier in the month, flows flipped the other way, with more than $1 billion of net inflows over the first two trading days of January and $1.8 billion in inflows between Jan. 12 &#8211; 15, setting an early-month risk tone.<\/p>\n<p>The swing from fast inflows to a multi-session drawdown has renewed focus on ETF flow prints as a near-term positioning read rather than a passive backdrop.<\/p>\n<table>\n<thead>\n<tr>\n<th>Window (2026)<\/th>\n<th>Flow regime<\/th>\n<th>Days included<\/th>\n<th>Net flow ($m)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>Jan. 7 \u2013 Jan. 9<\/b><\/td>\n<td>Outflow<\/td>\n<td>Jan. 7, Jan. 8, Jan. 9<\/td>\n<td><b>-1,134<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Jan. 12 \u2013 Jan. 15<\/b><\/td>\n<td>Inflow<\/td>\n<td>Jan. 12, Jan. 13, Jan. 14, Jan. 15<\/td>\n<td><b>+1,811<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Jan. 16 \u2013 Jan. 21<\/b><\/td>\n<td>Outflow<\/td>\n<td>Jan. 16, Jan. 20, Jan. 21<\/td>\n<td><b>-1,583<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/bitcoins-boring-sideways-era-begins-with-over-1b-etf-outflow\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Bitcoin critical demand metric turns negative and ETFs wiped out $1.1 billion in 72 hours<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<h2>The feedback loop and concentration of selling pressure also matters<\/h2>\n<p>Large outflow days were led by the largest funds, including BlackRock\u2019s iShares Bitcoin Trust (IBIT) and Fidelity\u2019s Wise Origin Bitcoin Fund (FBTC), arguing against the move being driven by smaller products or idiosyncratic reallocations.<\/p>\n<p>When the biggest vehicles lead redemptions, flows are easier to interpret as a broad pullback in real-money demand. They can also feed through to spot-market mechanics because creations and redemptions are ultimately serviced via the fund\u2019s exposure to spot bitcoin, whether delivered in-kind or transacted via cash through the ETF plumbing.<\/p>\n<p>That linkage is why multiple negative sessions can matter more than a single print.<\/p>\n<p>In an inflow regime, ETFs can provide a steady marginal bid that helps rallies hold and reduces the amount of spot selling required to break key levels.<\/p>\n<p>In an outflow regime, that marginal bid thins. Redemptions can add supply at moments when discretionary buyers are already stepping back.<\/p>\n<p>The feedback loop becomes more visible when liquidity is lower because the same dollar of selling can move price more.<\/p>\n<p>A recent <em>CryptoSlate<\/em> market note reported <a href=\"https:\/\/cryptoslate.com\/bitcoin-nearly-touched-98k-but-an-order-book-signal-suggests-the-move-to-100k-might-backfire\/\">order-book depth<\/a> about 30% below 2025 highs. That is a setup where flow-driven selling can carry more price impact than it would in a deeper book.<\/p>\n\n<h2>What this means for Bitcoin\u2019s institutional adoption<\/h2>\n<p>The macro backdrop adds context for why ETF flows became a \u201cwatch this\u201d input in early January.<\/p>\n<p>The sharp repricing in Treasurys tied to tariff-related geopolitical uncertainty, with the 10-year yield referenced around the mid-4% range during the move. That mix has tended to pressure high-beta risk exposures when rates volatility rises.<\/p>\n<p>Recent crypto drawdowns can be framed alongside a broader risk-off tape, linking Bitcoin\u2019s direction to cross-asset sentiment rather than crypto-specific catalysts alone.<\/p>\n<p>In that environment, ETF redemptions become one of the cleaner observable footprints of de-risking. They show what investors are doing in a regulated wrapper that many allocators use for tactical exposure.<\/p>\n<p>Positioning around late-January options levels provides another lens for how flows can interact with price.<\/p>\n<p>Call open interest clustered around $100,000 into late-January expiries. That keeps attention on whether spot can hold above nearby levels or gets pulled back toward strikes where positioning is dense.<\/p>\n<p>If spot hovers below a large call cluster while ETF flows remain negative, rallies can face two headwinds at once: fewer fresh ETF bids and a derivatives landscape where traders may monetize upside attempts rather than chase them.<\/p>\n<p>If flows turn and spot holds firm, the same concentration can act as a magnet above price, particularly if dealers\u2019 hedging needs shift as spot moves through strikes.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/why-wall-street-refuses-to-sell-bitcoin-and-actually-bought-way-more-even-while-losing-25-of-its-value\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Why Wall Street refuses to sell Bitcoin &#8211; and actually bought way more &#8211; even while losing 25% of its value<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<h2>What investors should know as Bitcoin and BlackRock headlines collide<\/h2>\n<p>Using the Jan. 7\u20139 run rate as a simple scenario unit helps translate the story into forward-looking terms without treating flows as destiny.<\/p>\n<ol>\n<li>At roughly $378 million a day of net outflows, one additional week of similar prints would sum to about $1.9 billion leaving the category. That would be large enough to matter if market depth remains thinner than last year.<\/li>\n<li>A more benign path is a reversion toward flat daily prints, roughly plus or minus $0 to $100 million. That would reduce the mechanical seller and place more weight on organic spot demand and macro catalysts.<\/li>\n<li>A third path is a reset back to sustained inflows that resemble the first two trading days of January. That would restore a consistent marginal bid and make it easier for bitcoin to hold levels through U.S. macro data and rate moves.<\/li>\n<\/ol>\n<p>What investors watch next is less about any single number and more about persistence and price reaction.<\/p>\n<p>One check is whether redemptions stay concentrated in IBIT and FBTC or broaden across the complex, according to Barron\u2019s coverage of the largest products\u2019 role in major outflow sessions.<\/p>\n<p>Another is whether Bitcoin begins to absorb <a href=\"https:\/\/cryptoslate.com\/bitcoin-etf-record-outflows-are-deceptive-as-crypto-products-absorbed-46-7-billion-in-2025\/\">negative flow days<\/a> without sharp downside follow-through. That can imply sellers are being met with bids away from the ETF channel.<\/p>\n<p>If the pattern becomes \u201coutflows and fast declines,\u201d that points to weak spot demand, with lower depth amplifying moves. That is consistent with the microstructure framing in the <em>CryptoSlate<\/em> note linked above.<\/p>\n<p>Rates sensitivity remains a parallel check because yield spikes tied to macro headlines have coincided with risk reduction across assets, according to MarketWatch\u2019s reporting on the Treasury selloff tied to tariff-related uncertainty.<\/p>\n<p>There is also a practical caveat: ETF flows can be tactical and can reverse quickly. That includes rebalancing, tax positioning, or basis-driven strategies that do not reflect a long-term view.<\/p>\n<p>The market is operating under <a href=\"https:\/\/cryptoslate.com\/us-treasurys-face-sudden-1-7-trillion-eu-dump-over-greenland-forcing-shift-to-bitcoin-if-dollar-safety-vanishes\/\">macro-first constraints<\/a>, which can push allocators to adjust exposure rapidly as rates move.<\/p>\n<p>That is why streak length, the identity of the funds driving the moves, and the market\u2019s ability to hold levels during negative prints tend to carry more information than any one day\u2019s total.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/us-treasurys-face-sudden-1-7-trillion-eu-dump-over-greenland-forcing-shift-to-bitcoin-if-dollar-safety-vanishes\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">US Treasurys face a $1.7 trillion EU &#8220;dump&#8221; over Greenland, forcing shift to Bitcoin if dollar safety vanishes<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>U.S. spot Bitcoin exchange-traded funds recorded three straight trading sessions of net outflows this week, totaling $1.58 billion. The pullback follows a brief stretch of positive follow-through, sandwiched between another three-day outflow streak from Jan. 7 &#8211; 9 that totaled $1.134 billion, or about $378 million a day leaving the category. Earlier in the month, [&hellip;]<\/p>\n","protected":false},"author":1264,"featured_media":516060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78665,77968,79312,6849],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains<\/title>\n<meta name=\"description\" content=\"As major funds dump holdings, a thin order book means every dollar of selling is now significantly more destructive.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains\" \/>\n<meta property=\"og:description\" content=\"As major funds dump holdings, a thin order book means every dollar of selling is now significantly more destructive.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-22T18:05:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-22T21:06:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/bitcoin-liquidity-evaporation.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liam &#039;Akiba&#039; Wright\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@akibablade\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liam 'Akiba' Wright\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person\",\"name\":\"Liam 'Akiba' Wright\",\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-300x300.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"jobTitle\":\"Editor-in-Chief\",\"description\":\"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/x.com\/akibablade\",\"https:\/\/www.linkedin.com\/in\/liamandrewwright\",\"https:\/\/muckrack.com\/liam-wright\"]},\"headline\":\"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains\",\"datePublished\":\"2026-01-22T18:05:35+00:00\",\"dateModified\":\"2026-01-22T21:06:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/\"},\"wordCount\":996,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"ETF\",\"Featured\",\"Market\",\"Trading\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/\",\"url\":\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/\",\"name\":\"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2026-01-22T18:05:35+00:00\",\"dateModified\":\"2026-01-22T21:06:39+00:00\",\"description\":\"As major funds dump holdings, a thin order book means every dollar of selling is now significantly more destructive.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e\",\"name\":\"Liam 'Akiba' Wright\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-150x150.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"description\":\"Also known as \\\"Akiba,\\\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.\",\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/www.instagram.com\/akibablade\",\"https:\/\/twitter.com\/akibablade\"],\"award\":[\"Most improved footballer - 1992\"],\"knowsAbout\":[\"Python\",\"Javascript\",\"PHP\",\"HTML\",\"Agentic Software\",\"Machine Learning\",\"2000s emo music\",\"Manchester United\"],\"knowsLanguage\":[\"English\",\"Spanish\"],\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains","description":"As major funds dump holdings, a thin order book means every dollar of selling is now significantly more destructive.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/","og_locale":"en_US","og_type":"article","og_title":"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains","og_description":"As major funds dump holdings, a thin order book means every dollar of selling is now significantly more destructive.","og_url":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/","og_site_name":"CryptoSlate","article_published_time":"2026-01-22T18:05:35+00:00","article_modified_time":"2026-01-22T21:06:39+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/01\/bitcoin-liquidity-evaporation.jpg","type":"image\/jpeg"}],"author":"Liam 'Akiba' Wright","twitter_card":"summary_large_image","twitter_creator":"@akibablade","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Liam 'Akiba' Wright","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person","name":"Liam 'Akiba' Wright","url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-300x300.jpg","caption":"Liam 'Akiba' Wright"},"jobTitle":"Editor-in-Chief","description":"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/www.akiba.gg","https:\/\/x.com\/akibablade","https:\/\/www.linkedin.com\/in\/liamandrewwright","https:\/\/muckrack.com\/liam-wright"]},"headline":"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains","datePublished":"2026-01-22T18:05:35+00:00","dateModified":"2026-01-22T21:06:39+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/"},"wordCount":996,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["ETF","Featured","Market","Trading"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/","url":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/","name":"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2026-01-22T18:05:35+00:00","dateModified":"2026-01-22T21:06:39+00:00","description":"As major funds dump holdings, a thin order book means every dollar of selling is now significantly more destructive.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/bitcoin-liquidity-just-evaporated-and-this-wall-street-feedback-loop-could-wipe-out-gains\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Over $1B in Bitcoin liquidity evaporated as the Wall Street feedback loop looks to wipe out gains"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e","name":"Liam 'Akiba' Wright","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-liam-akiba-wright-150x150.jpg","caption":"Liam 'Akiba' Wright"},"description":"Also known as \"Akiba,\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.","sameAs":["https:\/\/www.akiba.gg","https:\/\/www.instagram.com\/akibablade","https:\/\/twitter.com\/akibablade"],"award":["Most improved footballer - 1992"],"knowsAbout":["Python","Javascript","PHP","HTML","Agentic Software","Machine Learning","2000s emo music","Manchester United"],"knowsLanguage":["English","Spanish"],"url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/516047"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1264"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=516047"}],"version-history":[{"count":11,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/516047\/revisions"}],"predecessor-version":[{"id":516144,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/516047\/revisions\/516144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/516060"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=516047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=516047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=516047"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=516047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}