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Crypto’s bear market wiped out over $2 trillion, yet on-chain activity held above $9 trillion

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
Crypto’s bear market wiped out over $2 trillion, yet on-chain activity held above $9 trillionWorldPing
Image via CryptoSlate.

What happened

Rounded transfer gains total $268 billion, while category boundaries and a conflicting P2P sentence limit the payment inference.

Key facts

  • Rounded transfer gains total $268 billion, while category boundaries and a conflicting P2P sentence limit the payment inference.
  • Reported by CryptoSlate and published Thu, 24 Sep 2026 16:40:47 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Bitcoin’s bear markets are getting milder. Bull markets may be next

  2. New York sues Polymarket over alleged illegal gambling business

  3. NY AG Sues Polymarket, Calls Prediction Market Illegal Gambling

  4. New York moves to block Polymarket from the state, alleging it’s running an illegal gambling operation

  5. Crypto’s bear market wiped out over $2 trillion, yet on-chain activity held above $9 trillion

  6. New York Wants to Ban Polymarket, Lawsuit Calls It 'Illegal Gambling Operation'

  7. ARK Invest brings $1.3 billion venture fund onchain through Securitize

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

Related WorldPing coverage

New York sues Polymarket over alleged illegal gambling businessWorldPing
Cointelegraph

New York sues Polymarket over alleged illegal gambling business

The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation.

Brief by WorldPing · Original reporting by Cointelegraph