🚨 BREAKING: Bitcoin just saw a $1 BILLION exchange outflow!
About 12,570 BTC left trading platforms on October 27, according to CryptoQuant data — worth roughly $1.01 billion at around $80,487 per coin. That is one of October's largest daily outflows, approaching the nearly 15,000 BTC that left exchanges on October 6.
It is also a sharp reversal: the previous session saw more than 7,000 BTC flow INTO exchanges. Yet Bitcoin held near $80,000, with no immediate price jump — a sign holders may be moving coins to private wallets and custody rather than selling.
Is this the start of a longer holding trend, or just a one-day move? 👀
Follow Zimbuck for verified crypto and stocks news daily.
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#Bitcoin #BTC #CryptoNews #BitcoinNews #Crypto #Investing #FinanceNews #Zimbuck
About 12,570 BTC left trading platforms on October 27, according to CryptoQuant data — worth roughly $1.01 billion at around $80,487 per coin. That is one of October's largest daily outflows, approaching the nearly 15,000 BTC that left exchanges on October 6.
It is also a sharp reversal: the previous session saw more than 7,000 BTC flow INTO exchanges. Yet Bitcoin held near $80,000, with no immediate price jump — a sign holders may be moving coins to private wallets and custody rather than selling.
Is this the start of a longer holding trend, or just a one-day move? 👀
Follow Zimbuck for verified crypto and stocks news daily.
🔗 zimbuck.com | info@zimbuck.com
#Bitcoin #BTC #CryptoNews #BitcoinNews #Crypto #Investing #FinanceNews #Zimbuck
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