Bitcoin ETF Outflows Hit Record: SOL, ADA, and SUI Named Top Recovery Plays for Q4 2024

Bitcoin ETF outflows hit a new high, sparking renewed focus on top altcoins like Solana, Cardano, Sui, and the fast-rising MAGACOIN FINANCE. With capital shifting across the market, traders now look for the best altcoins to buy heading into Q4 2024.

Bitcoin ETFs See Record Withdrawals

Bitcoin exchange-traded funds faced $536.4 million in net outflows, the largest daily exit since August. Ark & 21Shares’ ARKB saw the biggest withdrawals at $275 million, while Fidelity’s FBTC followed with $132 million. Other major funds, including those by BlackRock and Grayscale, also reported exits.

Analyst Nick Ruck from LVRG Research linked the outflows to rising risk aversion among investors. The trigger came after U.S. President Donald Trump’s 100% tariff announcement on Chinese imports, which led to a $20 billion crypto liquidation wiping out over 1.5 million leveraged traders.

Bitcoin dropped 2.36% to $104,360, while Ethereum fell 2.56% to $3,900. Analysts said traders are reducing exposure amid geopolitical uncertainty and tighter liquidity. Despite the pressure, some believe the softening inflation outlook could soon steady the market.

The focus now shifts toward altcoins that can rebound faster once capital rotates back into risk assets.

Solana Battles to Reclaim Ground

Solana (SOL) is under watch as traders eye its struggle to stay above the $175 mark. After dropping below $180, selling pressure grew, but long-term demand still appears intact. Institutional investors continue to accumulate through vehicles like Bitwise’s Solana Staking ETP (BSOL), which now holds over $100 million in assets.

The inflow of regulated capital suggests confidence in Solana’s fundamentals. Despite the current weakness, Solana remains among the best altcoins to buy for Q4 recovery, given its growing institutional footprint and active developer base.

Analysts expect any stabilization in Bitcoin to quickly reflect on Solana’s price, especially if accumulation by long-term holders continues. For traders seeking mid-cap growth, SOL remains one of the top altcoins with room to recover once sentiment shifts.

Cardano Eyes a Breakout Toward $2

Cardano’s price pattern is turning heads. Analyst Javon Marks pointed to a falling wedge breakout, a setup that has preceded Cardano’s past rallies. ADA’s chart history shows that similar patterns led to multi-month gains after consolidation periods.

Currently, ADA trades around $0.83, but Marks forecasts a possible run to $1.20, followed by a climb toward $2.91, a four-year high. Blockchain data also shows low crowd sentiment, often a precursor to accumulation phases.

Despite its 18% dip from August highs, Cardano still ranks as a top crypto to buy for long-term portfolios. Its consistent development progress and community growth support its recovery case. If capital rotation from Bitcoin intensifies, ADA could see renewed attention in Q4.

Sui Faces Volatility but Holds Long-Term Promise

Sui (SUI) has had a turbulent October, facing both market pressure and security incidents. The $3.44 million Typus Finance exploit marked its third DeFi breach this year, raising audit concerns. Yet, despite the setbacks, Sui’s ecosystem continues to expand, supported by institutional interest from firms like AMINA Bank, which recently added SUI custody.

Trading volume surged 80% during last week’s selloff, showing that liquidity remains deep even as price dropped 11%. Sui’s DEX volume hit $14.3 billion in July, driven by BTCfi integrations and network upgrades that cut transaction finality times.

For investors scanning for the best altcoin to buy on dips, Sui’s growing developer base and ecosystem depth make it a promising long-term candidate. Its resilience amid market fear shows that network growth continues despite short-term losses.

MAGACOIN FINANCE: The Hidden Gem Under $0.0006

Among new altcoins drawing attention for Q4 2025, MAGACOIN FINANCE stands out as a hidden gem. The altcoin trades below $0.0006, and analysts believe it could climb up to $0.045, a potential 75x move if capital rotation from Bitcoin spreads into smaller projects.

As traders diversify, MAGACOIN FINANCE sits in the sweet spot of low market cap and growing visibility. Its early stage means even a small inflow can drive sharp price moves.

Why MAGACOIN FINANCE?

• Low entry price below $0.0006
• New project with small market cap
• Real breakout potential for Q4
• Could catch capital rotation from Bitcoin first

Traders are watching this coin closely, and early buyers could benefit most if market recovery sparks a surge into small-cap altcoins.

How Traders Can Position for Q4

The record Bitcoin ETF outflows show how quickly market capital shifts. Traders looking for upside in Q4 should focus on recovery altcoins like SOL, ADA, SUI, and MAGACOIN FINANCE—assets showing both liquidity and community interest.

As capital rotates away from Bitcoin, early positioning in the right altcoins could make the difference. Visit magacoinfinance.com to explore one of the most talked-about new altcoins before the next wave begins: