Ethereum exchange net outflows hit a four-month high, with the market focusing on the key $2,400 level.

Morgan Stanley's MSBT ETF acquired 28.65 bitcoins, worth $2.33 million, from Coinbase Prime after nine days of inactivity. (Onchain Lens)

A whale has withdrawn 3,501 BTC (approximately $285.8 million) from the Bitstamp exchange and is transferring the funds between multiple new wallet addresses. (Onchain Lens)

Ethereum exchanges saw a net outflow of approximately 169,800 ETH, marking the highest single-day outflow in four months. A previous net outflow of approximately 223,800 ETH occurred on June 5th, when the ETH price hit its lowest point since April 2025. Currently, $2400 is the immediate pivot point; a sustained recovery above $2500 would support the bottoming view, while a drop below $2330 would weaken this view. (Santiment)

The Trump administration plans to remove the 50% tariffs on some Canadian agricultural and forestry products, with an announcement expected as early as Friday. However, the U.S. may also raise tariffs on other Canadian goods to offset the impact of the tariff cuts. Trump imposed a 50% tariff on approximately $200 million worth of Canadian goods at the end of August, a move aimed at helping Maine Republican Senator Susan Collins and other Republican candidates in the midterm elections. (Source: Wall Street Journal)

Binance's BTW/USDT perpetual futures trading volume surged 8-fold within 10 minutes, reaching $308 million in the past 24 hours, a 1.34% increase. A surge in trading volume generally indicates increased market activity or large-scale buying and selling operations, which may be caused by some important market changes or news announcements. According to AiCoin data, Binance Futures ranks No. 1 globally.