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Bitcoin exchange netflow has turned positive for the first time since September 21.
The shift suggests BTC deposits are exceeding withdrawals, but large-scale selling has not yet emerged.
Traders are watching whether exchange inflows lead to increased selling pressure or remain limited.
Bitcoin is showing a notable change in on-chain activity as exchange netflow turns positive for the first time since September 21.
The shift ends a period of predominantly negative netflows, when more Bitcoin was leaving exchanges than entering them.
The latest Bitcoin exchange netflow reading suggests that holders are becoming less aggressive about withdrawing BTC from trading platforms.
One market observation summarized the situation:
“Holders stopped withdrawing, but sellers aren’t here in size yet.”
This distinction is important because exchange deposits do not automatically mean investors are selling their Bitcoin.
While some holders transfer BTC to exchanges in preparation for trading, others may move funds for custody, collateral or liquidity management.
For now, the data suggests that the balance between deposits and withdrawals has changed without clear evidence of a major wave of selling.
The development comes as investors continue monitoring Bitcoin’s broader market direction.
What Positive Bitcoin Exchange Netflow Means
Bitcoin exchange netflow measures the difference between BTC entering cryptocurrency exchanges and BTC leaving them.
When netflow is negative, withdrawals exceed deposits.
This is often associated with investors moving Bitcoin into private custody, potentially reducing the amount immediately available for trading.
Positive netflow means more Bitcoin is entering exchanges than leaving them.
Such a shift can indicate that holders are preparing to trade or reposition their assets.
However, the implications depend heavily on the size and persistence of those inflows.
A small positive reading may simply reflect normal exchange activity rather than a meaningful change in investor sentiment.
Sustained large inflows, particularly when accompanied by increasing spot selling volume, would provide stronger evidence of potential selling pressure.
The latest observation suggests that sellers have not yet appeared in significant numbers.
That means the current change should be viewed as an early signal rather than confirmation of a bearish trend.
Bitcoin exchange netflow turned positive for the first time since September 21.
“Holders stopped withdrawing, but sellers aren’t here in size yet.” – By @IT_Tech_PL pic.twitter.com/gsExwhJUIh
— CryptoQuant.com (@cryptoquant_com) October 29, 2026
Could Bitcoin Exchange Inflows Pressure BTC Prices?
The return of positive Bitcoin exchange netflow raises questions about whether Bitcoin could face additional selling pressure.
If more holders begin transferring BTC to exchanges and selling those coins, available supply could increase.
Without sufficient buying demand, that additional supply may weigh on prices.
However, the current data does not establish that such a scenario is unfolding.
Traders will likely monitor whether positive netflows continue over the coming days and whether spot trading volumes begin rising.
Other indicators, including exchange reserves, large-holder activity and institutional investment flows, could provide additional context.
If exchange inflows remain modest while demand improves, Bitcoin may avoid significant selling pressure.
Conversely, a sustained increase in deposits alongside weak buying activity could become a warning sign.
The reported shift also does not provide a specific Bitcoin price target or predict the timing of the next market move.
For now, Bitcoin’s first positive exchange netflow since September 21 signals changing holder behavior, but not necessarily an incoming sell-off.
The next important development will be whether the additional BTC entering exchanges translates into actual selling activity.

Tokenized stocks have reached a market capitalization of $4.63 billion, according to Token Terminal.
Stablecoins stood at a similar valuation in March 2020 before expanding roughly 64 times to $297 billion.
The comparison highlights tokenization’s potential, but similar future growth is far from guaranteed.
Tokenized stocks have reached an important milestone, with their combined market capitalization climbing to $4.63 billion, according to Token Terminal.
The figure has attracted attention because it matches the approximate size of the stablecoin market in March 2020.
Since then, stablecoins have expanded dramatically, reaching approximately $297 billion, representing roughly 64 times growth.
The comparison has raised an interesting question: Could tokenized stocks experience a similar expansion?
The growing tokenized stocks market cap reflects increasing interest in bringing traditional financial assets onto blockchain networks.
Tokenized stocks are blockchain-based representations of shares in publicly traded companies.
Depending on their structure, these tokens may provide economic exposure to stock prices, although they do not always offer the same ownership rights as traditional shares.
Their appeal comes from the possibility of combining familiar financial assets with blockchain-based trading and settlement infrastructure.
However, the current market remains relatively small compared with the broader global equity market.
Why Tokenized Stocks Market Cap Is Drawing Attention
The comparison between the tokenized stocks market cap and the stablecoin market in 2020 highlights how quickly blockchain-based financial products can develop.
Stablecoins initially served a relatively narrow role in cryptocurrency trading.
Over time, their use expanded into payments, decentralized finance, international transfers and other financial applications.
That broader adoption helped support substantial growth in circulating supply.
Tokenized stocks could potentially follow a different but equally important path.
Blockchain infrastructure may allow investors to transfer tokenized equity exposure more efficiently and access certain markets beyond traditional trading hours.
It could also support faster settlement and new financial products built around tokenized assets.
However, tokenized stocks face challenges that differ from those of stablecoins.
These include securities regulations, investor protections, liquidity and the legal rights attached to each token.
A token representing exposure to a company’s stock is not necessarily equivalent to holding that company’s shares directly.
Such differences could influence how quickly institutional investors and retail traders adopt these products.
HUGE: Tokenized stocks have climbed to a $4.63B market cap, the same level stablecoins hit in March 2020 before growing 64x to $297B, per Token Terminal. pic.twitter.com/FAwfhFWkhA
— Cointelegraph (@Cointelegraph) October 29, 2026
Could Tokenized Stocks Follow Stablecoins’ 64x Growth?
The rise in tokenized stocks market cap has created optimism about the future of real-world asset tokenization.
If the sector eventually experienced growth comparable to stablecoins’ historical expansion, its market capitalization could approach $297 billion.
However, this is a mathematical comparison, not a market forecast.
There is no guarantee that tokenized stocks will follow the same adoption curve or reach a similar valuation.
Stablecoins and tokenized equities serve different purposes and operate under different regulatory requirements.
Future growth will likely depend on clearer rules, stronger market liquidity and greater participation from established financial institutions.
The development of reliable custody, settlement and trading infrastructure will also be important.
For now, the $4.63 billion milestone shows that tokenized stocks are becoming a more visible part of blockchain finance.
Whether the sector can repeat stablecoins’ remarkable expansion remains uncertain, but its growing market size suggests that interest in tokenizing traditional assets is continuing to bu

Stellar has introduced Project Thruput, a new execution model currently running on FutureNet.
Early benchmarks recorded an impressive 7.02 million payments per second.
The project uses multiple machines to scale transaction processing, but mainnet performance remains unproven.
Stellar has introduced a new blockchain execution model called Project Thruput, designed to dramatically increase payment processing capacity.
The project is already live on FutureNet, Stellar’s testing environment, where early benchmarks reportedly reached 7.02 million payments per second.
The performance figure represents a significant milestone for blockchain scalability research.
Unlike traditional execution systems that rely heavily on the processing capacity of individual machines, Stellar Project Thruput distributes execution across multiple machines.
This approach aims to overcome hardware limitations that can restrict how many transactions a blockchain processes simultaneously.
For a network focused on payments and financial transfers, greater processing capacity could eventually support much larger transaction volumes.
However, the reported results come from early benchmarks rather than normal mainnet activity.
That distinction is important because performance in a controlled testing environment may differ significantly from real-world network conditions.
How Stellar Project Thruput Improves Blockchain Scalability
The main innovation behind Stellar Project Thruput is its ability to scale transaction execution across multiple machines.
In conventional blockchain systems, transaction processing can become a bottleneck as network activity increases.
Even when more powerful hardware is introduced, a single machine can eventually reach its processing limits.
Project Thruput explores a different approach by allowing execution workloads to be distributed across several machines.
This could make it possible to increase overall processing capacity as additional computing resources become available.
The reported benchmark of 7.02 million payments per second demonstrates the potential of this architecture under the conditions tested.
However, transaction execution speed is not the same as fully confirmed network throughput.
A production blockchain must also handle consensus, data availability, transaction validation and other operational requirements.
The available announcement does not establish that Stellar’s mainnet can currently process 7.02 million confirmed payments every second.
Further testing will be necessary to determine how the execution model performs under realistic conditions.
NEW: Stellar introduces Project Thruput, a new execution model live on FutureNet that hit 7.02M payments per second in early benchmarks by scaling across multiple machines. pic.twitter.com/HMDtE4SEmu
— Cointelegraph (@Cointelegraph) October 29, 2026
What Project Thruput Means for Stellar and XLM
The introduction of Stellar Project Thruput could strengthen Stellar’s long-term position in blockchain-based payments.
High transaction capacity is particularly important for financial applications that need to process large numbers of transfers quickly and efficiently.
If the technology proves reliable, it could support future payment services, stablecoin transactions and other high-volume financial applications.
The project may also attract interest from developers exploring blockchain infrastructure for large-scale operations.
However, there is currently no confirmed timeline for bringing Project Thruput to Stellar’s mainnet.
The announcement also does not establish how the technology will affect transaction fees or the price of Stellar’s native token, XLM.
For now, the focus remains on testing the execution model and evaluating its practical limitations.
Stellar’s early 7.02 million payments-per-second benchmark is an encouraging technical achievement, but real-world adoption will depend on further development and testing.
If successful, Project Thruput could help demonstrate how distributed execution can improve blockchain scalability without relying on a single machine’s processing power.

Singapore police warned that some Ledger hardware wallets sold through local retailers contained malicious hardware implants.
At least two cases reported since September 10 have resulted in approximately S$3.5 million ($2.7 million) in losses.
Ledger is reviewing the incidents while police investigations continue.
Singapore police have issued a warning after discovering that some Ledger cryptocurrency hardware wallets purchased from local retailers contained malicious hardware implants.
According to a police statement on October 28, 2026, the compromised devices were capable of stealing users’ wallet recovery phrases or private keys.
The Ledger wallet security alert follows at least two reported cases since September 10, with combined losses reaching approximately S$3.5 million ($2.7 million).
The incidents have raised concerns about the security of cryptocurrency hardware wallets purchased through retail channels.
Ledger is a French company known for manufacturing hardware wallets designed to help users store cryptocurrency private keys offline.
These devices are widely used by investors who want greater control over their digital assets.
However, the reported incidents suggest that malicious modifications to physical devices can create serious risks, even when users believe they are using a secure hardware wallet.
Authorities have not publicly established how the affected devices were modified or how they entered the retail supply chain.
How Malicious Ledger Wallet Implants Threaten Crypto
The Ledger wallet security alert highlights the dangers of hardware tampering and supply-chain attacks.
Hardware wallets are designed to protect private keys by keeping sensitive information separate from internet-connected devices.
However, a malicious implant could potentially undermine those protections.
According to Singapore police, the modified devices were capable of compromising recovery phrases or private keys.
A recovery phrase is a set of words that allows a user to restore access to a cryptocurrency wallet.
Anyone who obtains that phrase may be able to access the associated digital assets without the owner’s permission.
This makes recovery phrase security especially important.
The reported losses demonstrate how costly a compromised wallet can become.
However, the incidents do not establish that all Ledger devices are vulnerable or that Ledger’s standard hardware security systems have been broadly compromised.
The warning specifically concerns certain devices purchased through local retailers.
Singapore Police Say Ledger crypto Wallets Sold at Local Retailers Contained Malicious Hardware Implants
Singapore police said on October 28 that some Ledger cryptocurrency hardware wallets purchased from local retailers contained malicious hardware implants capable of stealing… pic.twitter.com/RckYdTzFMq
— Wu Blockchain (@WuBlockchain) October 29, 2026
What Ledger Users Should Do After the Security Alert
Following the Ledger wallet security alert, cryptocurrency holders should pay close attention to where they purchase hardware wallets.
Buying directly from the manufacturer or an officially authorized seller can help reduce supply-chain risks, although it cannot eliminate every threat.
Users should also follow the manufacturer’s official setup and authenticity-check procedures.
Recovery phrases should never be entered into websites, shared with customer support representatives or stored in unsecured online accounts.
Anyone who suspects their device has been physically modified should stop using it and seek guidance through Ledger’s official support channels.
If a recovery phrase may already be compromised, transferring funds to a newly generated wallet using a trusted device may be necessary.
Meanwhile, Ledger is reviewing the affected cases, and Singapore police investigations remain ongoing.
Authorities have not yet announced the full scope of the incidents or identified all potentially affected devices.
For now, the Singapore Ledger wallet incidents serve as a reminder that physical device security is just as important as protecting cryptocurrency accounts online.
As investigators examine the reported losses, users are being reminded to treat wallet authenticity and recovery phrase protection as essential safeguards.

Bitcoin volatility has fallen to levels last seen during summer 2023, according to Glassnode.
The current market resembles 2023’s cycle of a rally, meme coin speculation, altcoin excitement and eventual calm.
Low volatility could precede a significant price move, but it does not predict whether Bitcoin will rise or fall.
Bitcoin is entering another unusually quiet period, with market volatility dropping to levels comparable to those seen during summer 2023.
According to on-chain analytics firm Glassnode, the current market environment closely resembles a familiar pattern from that year.
In 2023, Bitcoin experienced a rally followed by growing excitement around meme coins and alternative cryptocurrencies.
After the speculative activity cooled, the market entered a relatively calm phase.
Now, a similar sequence appears to be unfolding.
The latest decline in Bitcoin volatility suggests that BTC price movements have become less pronounced, even as investors continue searching for signs of the next major trend.
For traders accustomed to sharp price swings, the slowdown may feel disappointing.
However, quiet market conditions can sometimes mark an important transition rather than a permanent loss of momentum.
The comparison with 2023 has therefore attracted attention among investors looking for clues about Bitcoin’s next move.
Why Bitcoin Volatility Matters for Crypto Traders
Bitcoin volatility measures how much the cryptocurrency’s price changes over a given period.
When volatility is high, Bitcoin experiences larger price movements, creating opportunities and risks for traders.
When volatility falls, prices generally move within a narrower range.
This can happen when buying and selling pressure become more balanced or when market participants are waiting for a stronger catalyst.
Low volatility can also reflect reduced speculative activity following periods of intense trading.
Glassnode’s comparison suggests that the current slowdown follows a sequence resembling the market behavior observed in 2023.
Bitcoin rallied, speculative interest spread into meme coins and altcoins, and trading conditions eventually became quieter.
However, similar market patterns do not guarantee identical outcomes.
A period of low volatility can end with a strong rally, a sharp decline or continued sideways trading.
The direction depends on whether buyers or sellers gain control when market activity increases.
UPDATE: Bitcoin volatility has dropped back to summer 2023 levels, mirroring that year’s pattern of a rally, a meme and altcoin frenzy, then a quiet market, per @glassnode.
Is a big breakout coming next? pic.twitter.com/AExJdNEPaP
— Cointelegraph (@Cointelegraph) October 29, 2026
Could Bitcoin Be Preparing for Another Major Move?
The return of Bitcoin volatility to summer 2023 levels raises an important question: Is the market building toward another significant price movement?
Historically, extended periods of calm have sometimes preceded larger price swings as trading activity returns.
However, low volatility alone is not a reliable bullish signal.
A sustained Bitcoin rally would likely require stronger spot demand, improving liquidity and renewed investor confidence.
Traders may also monitor exchange flows, institutional activity and changes in derivatives positioning.
A sudden increase in trading volume alongside a clear price breakout could provide stronger evidence that market momentum is returning.
Conversely, renewed selling pressure could push Bitcoin lower despite the quiet conditions.
Glassnode’s observation highlights similarities between the current market and summer 2023, but it does not establish a specific price target or timeline.
For now, Bitcoin’s return to historically subdued volatility suggests the market is in a period of consolidation.
Whether that calm leads to another rally or a deeper correction will depend on how demand develops in the weeks ahead.

Laut Token Terminal verzeichnete Open Standard in den vergangenen 30 Tagen unter den Stablecoin-Emittenten das größte Wachstum der Marktkapitalisierung.
Die Marktkapitalisierung von OUSD stieg im Berichtszeitraum um 794 Millionen US-Dollar.
Das Wachstum unterstreicht das steigende Stablecoin-Angebot, deutet aber nicht automatisch auf eine höhere Handelsnachfrage hin.
Laut von Token Terminal veröffentlichten Daten hat sich Open Standard in den vergangenen 30 Tagen gemessen am absoluten Anstieg der Marktkapitalisierung zum am schnellsten wachsenden Stablecoin-Emittenten entwickelt.
Am stärksten stach OUSD hervor, dessen Marktkapitalisierung im Berichtszeitraum um rund 794 Millionen US-Dollar zunahm.

Bitcoin’s realized capitalization is showing renewed growth, suggesting improving market conditions.
Analysts see similarities with Bitcoin’s recovery in 2023, when stronger capital flows supported a healthier market.
Sustained buying demand and continued realized cap growth are needed to confirm a bullish trend.
Bitcoin may be showing an encouraging signal as its realized capitalization begins rising again, raising hopes of a stronger market recovery.
The Bitcoin realized cap measures the total value of BTC based on the price at which each coin last moved on-chain, rather than its current market price.
Unlike traditional market capitalization, this metric helps analysts understand how the network’s aggregate cost basis changes over time.
When realized capitalization increases, it can suggest that Bitcoin is being transferred at higher prices, potentially reflecting fresh capital entering the market.
A recent market observation suggests that the renewed increase could be meaningful.
“If both hold, this renewed rise could mark the early stage of a healthier market structure, as it did in 2023.”
The statement points toward a possible recovery pattern similar to the one observed during Bitcoin’s previous market rebound.
However, the observation does not specify the two conditions being referenced, so the signal should not be treated as confirmed.
Why Bitcoin Realized Cap Matters for BTC Prices
The renewed growth in Bitcoin realized cap is attracting attention because the indicator can provide insights into broader market participation.
During weak market conditions, realized capitalization may stagnate or decline as coins move at lower prices.
A sustained increase can indicate that the network’s aggregate cost basis is strengthening.
This may reflect improving investor confidence, especially when accompanied by rising spot demand.
Bitcoin experienced a notable recovery during 2023, when market sentiment gradually improved following the difficult conditions of 2022.
That period demonstrated how changes in on-chain capital metrics can accompany a broader market turnaround.
Still, realized capitalization alone cannot determine whether Bitcoin is entering another bull market.
Coins moving between wallets can affect the metric without necessarily representing entirely new investment.
Analysts therefore consider realized cap alongside trading volume, exchange activity and other indicators of demand.
A short-lived increase may offer limited evidence, while consistent growth across several weeks could provide a stronger signal.
A Renewed Rise in Bitcoin’s Realized Cap Is a Good Sign, but It Needs Follow-Through
“If both hold, this renewed rise could mark the early stage of a healthier market structure, as it did in 2023.” – By @metaverse9429 pic.twitter.com/AUppM498c3
— CryptoQuant.com (@cryptoquant_com) October 28, 2026
Can Bitcoin Repeat Its 2023 Recovery?
The possibility of another 2023-style recovery is encouraging, but Bitcoin still needs confirmation from broader market activity.
For the current rise in Bitcoin realized cap to become more convincing, investors would likely want to see sustained growth alongside stronger spot buying.
Positive institutional investment flows could also help support market confidence.
At the same time, reduced selling pressure from existing holders may give buyers a better opportunity to push prices higher.
However, weak demand or renewed market volatility could interrupt the recovery.
The latest observation does not establish a specific Bitcoin price target or timeline for a rally.
It also does not guarantee that the current market will follow the same path as 2023.
For now, the renewed rise in Bitcoin’s realized capitalization is a constructive development, but sustained demand will determine whether it becomes a lasting bullish signal.
If the improvement continues alongside healthier market participation, Bitcoin could be building a stronger foundation for its next major move.

Moody’s Ratings has assigned Ripple’s RLUSD stablecoin A2 long-term and P-1 short-term ratings.
The assessment highlights reserves held primarily in US Treasury securities and cash.
The ratings could strengthen confidence in RLUSD, although they do not eliminate stablecoin risks.
Ripple’s US dollar-backed stablecoin, RLUSD, has received A2 long-term and P-1 short-term ratings from Moody’s Ratings.
The assessment draws attention to the stablecoin’s reserve structure, which reportedly consists primarily of US Treasury securities and cash.
The Ripple RLUSD Moody’s rating development marks an important moment for a digital asset designed to maintain a stable value relative to the US dollar.
Stablecoins are increasingly used for cryptocurrency trading, payments and financial settlement.
However, their reliability depends heavily on the quality, liquidity and management of the assets supporting their value.
Moody’s assessment places particular emphasis on RLUSD’s reserve composition.
US Treasury securities are generally considered highly creditworthy, while cash can provide liquidity for meeting redemption requests.
Together, these assets may help support a stablecoin issuer’s ability to manage obligations.
However, the announcement does not provide a detailed breakdown of RLUSD’s reserve holdings or the full methodology behind the assigned ratings.
What A2 and P-1 Ratings Mean for RLUSD
The Ripple RLUSD Moody’s rating includes two separate assessments covering different time horizons.
An A2 rating sits within Moody’s upper-medium-grade long-term credit rating category.
It generally indicates relatively strong credit quality, although the assessed obligation remains exposed to some credit risk.
Meanwhile, P-1 is Moody’s highest short-term rating category, associated with a strong ability to meet short-term obligations.
These ratings may be particularly relevant to institutions evaluating financial products linked to stablecoin reserves.
However, users should distinguish between a credit rating and a guarantee of redemption.
Ratings represent an agency’s assessment under its applicable methodology and can change as financial conditions evolve.
They do not eliminate operational, custody, regulatory or liquidity risks.
The available announcement also does not clarify the precise legal entity or obligation covered by the ratings.
That distinction matters because a rating associated with a stablecoin arrangement should not automatically be interpreted as a guarantee covering every token holder.
TODAY: Moody’s Ratings has assigned Ripple’s RLUSD stablecoin A2 long-term and P-1 short-term ratings, citing reserves held mostly in US Treasurys and cash. pic.twitter.com/aYAs1fN1M5
— Cointelegraph (@Cointelegraph) October 28, 2026
Why Ripple RLUSD Moody’s Rating Matters
The latest Ripple RLUSD Moody’s rating could attract attention from financial institutions exploring stablecoin-based payments and settlement.
Traditional credit assessments may help investors and businesses evaluate risks using familiar financial standards.
As stablecoin adoption expands, reserve transparency and independent assessments are becoming increasingly important.
Institutions considering digital dollar products often examine whether reserve assets can support redemptions during periods of market stress.
RLUSD’s reported reliance on US Treasurys and cash may be viewed positively in that context.
However, reserve quality is only one part of stablecoin risk management.
Investors must also consider redemption terms, asset custody, legal protections and the issuer’s operational arrangements.
The ratings do not establish that RLUSD is risk-free or that its market price can never deviate from one dollar.
They also do not directly predict changes in XRP’s price.
For now, Moody’s A2 and P-1 assessments highlight the reported quality of RLUSD’s reserves and the growing role of traditional credit analysis in the stablecoin market.
The development may support institutional interest, although adoption will depend on broader market demand and confidence in the stablecoin’s operations.

Bitcoin is down 4.2% in October, according to CryptoQuant, disappointing investors expecting an Uptober rally.
BTC is heading toward a second consecutive October with negative monthly returns.
November could bring a recovery, but stronger spot demand and improving market sentiment will be essential.
Bitcoin’s traditionally bullish October narrative is facing another setback as the cryptocurrency struggles to regain upward momentum.
According to CryptoQuant, Bitcoin has declined approximately 4.2% in October 2026, putting the market on track for its second consecutive negative October.
The latest Bitcoin Red October performance challenges the popular “Uptober” narrative, which reflects the cryptocurrency’s historically favorable October returns.
Many traders entered the month hoping that seasonal trends would support a stronger BTC recovery.
Instead, Bitcoin has faced continued market weakness, leaving investors questioning whether the final months of 2026 can deliver a turnaround.
However, October has not yet ended.
Bitcoin could still recover some of its losses before the monthly candle closes, although reversing the entire decline would require a stronger rebound.
The reported 4.2% loss represents the month’s performance at the time of CryptoQuant’s observation, not a confirmed final monthly return.
Why Bitcoin Red October Is Disappointing Investors
The possibility of another Bitcoin Red October is notable because October has historically been associated with positive Bitcoin returns.
That reputation helped create the Uptober narrative, which has become widely followed among cryptocurrency traders.
However, seasonal patterns are not reliable guarantees of future price movements.
Bitcoin’s performance depends on several factors, including investor demand, liquidity conditions, institutional activity and broader financial market sentiment.
Weak spot demand can make it difficult for BTC to maintain a sustained recovery, even when selling pressure begins to decline.
At the same time, uncertainty in traditional financial markets can influence investors’ willingness to hold volatile assets.
A second consecutive negative October would reinforce concerns that historical seasonal trends are becoming less dependable.
Still, one disappointing month does not automatically establish the direction of Bitcoin’s next major move.
LATEST: Uptober has disappointed, with Bitcoin down 4.2% and heading for a second straight red October, per CryptoQuant.
Can November turn things around? pic.twitter.com/HXcqTfAA9O
— Cointelegraph (@Cointelegraph) October 28, 2026
Can November Reverse Bitcoin’s Decline?
With October nearing its end, attention is shifting toward whether November could deliver a stronger performance.
A recovery would likely require more consistent buying activity in the Bitcoin spot market.
Investors may also monitor spot Bitcoin ETF flows, exchange inflows and accumulation among large holders for signs of improving demand.
Positive institutional flows could support market sentiment, while reduced selling pressure may help Bitcoin establish a more stable foundation.
However, a decline in selling activity alone does not guarantee a rally.
Buyers must absorb available supply and demonstrate enough conviction to support higher prices.
Broader economic conditions could also influence Bitcoin’s performance during November.
If investors become more comfortable taking risks, BTC may benefit from renewed interest.
Conversely, continued market uncertainty could delay a recovery.
The available CryptoQuant observation does not provide a specific November price target or confirm that Bitcoin has established a market bottom.
For now, Bitcoin Red October remains the dominant market narrative, with BTC down 4.2% and facing a possible second consecutive negative October.
November could offer an opportunity for recovery, but the outcome will depend on whether demand strengthens enough to reverse the current weakness.

Binance beantragte am 23. Oktober über seine lokale Gesellschaft BBrasil eine brasilianische Krypto-Lizenz.
Die Börse begann am 27. Oktober, acht Dienste für Nutzer in Brasilien einzuschränken und 22 Token aus dem Handel zu nehmen.
Binance plant, die Migration seiner lokalen Zahlungskonten bis zum 29. Oktober abzuschließen – vor der Frist am 30. Oktober.
Binance beantragte am 23. Oktober über seine lokale Gesellschaft BBrasil eine brasilianische Krypto-Lizenz.
Die Börse begann am 27. Oktober, acht Dienste für Nutzer in Brasilien einzuschränken und 22 Token aus dem Handel zu nehmen.

Analysten beobachten Bitcoin, die seit mehr als 18 Monaten gehalten werden, um Hinweise auf die nächste Marktrallye zu erhalten.
In der Vergangenheit ging ein Anstieg mit anschließendem Rückgang dieser Angebotskennzahl mitunter starken Kursgewinnen bei BTC voraus.
Das Muster ist ein mögliches bullishes Signal, doch für eine anhaltende Erholung ist weiterhin eine stärkere Nachfrage erforderlich.
Bitcoin könnte sich einer wichtigen Phase seines Marktzyklus nähern, während Analysten Veränderungen bei der Menge an BTC untersuchen, die über längere Zeiträume gehalten wird.
Eine aktuelle Marktbeobachtung hebt die mögliche Bedeutung von Coins hervor, die seit mehr als 18 Monaten nicht bewegt wurden.

Die Hong Kong Gold Exchange integriert Chainlink CCIP, um Cross-Chain-Transfers ihres goldgedeckten XGZ-Tokens zu ermöglichen.
Die Börse wird gemessen am Handelsvolumen als weltweit viertgrößter Handelsplatz für Gold beschrieben.
Die Integration könnte den Zugang zu tokenisiertem Gold über mehrere Blockchain-Netzwerke hinweg erweitern.
Die Hong Kong Gold Exchange unternimmt mit der Integration des Cross-Chain Interoperability Protocols (CCIP) von Chainlink einen weiteren Schritt hin zum Blockchain-basierten Handel mit Edelmetallen.
Die Integration soll es ermöglichen, ihren goldgedeckten XGZ-Token zwischen verschiedenen Blockchain-Netzwerken zu transferieren.

Bitcoin spot ETFs recorded $110.34 million in net inflows on October 26.
Ethereum, Solana and XRP spot ETFs saw outflows of $88.58 million, $8.23 million and $3.61 million, respectively.
Combined net flows across all four ETF categories remained positive at $9.92 million.
Bitcoin emerged as the strongest performer among major cryptocurrency spot exchange-traded funds on October 26, 2026.
According to the reported daily figures, US spot Bitcoin ETFs attracted $110.34 million in net inflows, while Ethereum, Solana and XRP funds all experienced withdrawals.
The latest Bitcoin ETF inflows highlight a noticeable difference in investor activity across digital asset investment products.
Despite negative flows in three of the four categories, Bitcoin’s gains were large enough to keep the combined daily total positive.
Across BTC, ETH, SOL and XRP spot ETFs, net inflows reached approximately $9.92 million.
The figures suggest that demand for Bitcoin-linked investment products remained stronger than demand for the other three cryptocurrency ETF categories during the session.
However, a single trading day does not establish a lasting trend in investor preferences.
Ethereum, Solana and XRP ETFs Record Outflows
While Bitcoin attracted fresh capital, Ethereum spot ETFs experienced the largest withdrawals.
Ethereum funds recorded $88.58 million in net outflows, accounting for most of the day’s negative activity.
Solana ETFs followed with $8.23 million in withdrawals, while XRP ETFs registered $3.61 million in net outflows.
Spot Crypto ETF Flows — October 26, 2026
CryptocurrencyDaily net flowBitcoin (BTC)+$110.34MEthereum (ETH)-$88.58MSolana (SOL)-$8.23MXRP-$3.61MCombined total+$9.92M
Together, Ethereum, Solana and XRP funds recorded $100.42 million in net outflows.
Bitcoin’s $110.34 million inflow exceeded those combined withdrawals by $9.92 million.
The data shows that Bitcoin ETF inflows provided the main source of positive momentum among the four categories.
However, the figures do not identify which individual ETF issuers attracted the most capital or experienced the largest redemptions.
ETF FLOWS: BTC spot ETFs saw net inflows on Oct. 26, while ETH, SOL and XRP spot ETFs saw net outflows.
BTC: $110.34M
ETH: -$88.58M
SOL: -$8.23M
XRP: -$3.61M pic.twitter.com/EYKkJC6w08
— Cointelegraph (@Cointelegraph) October 27, 2026
What Bitcoin ETF Inflows Mean for Crypto Markets
The October 26 results provide a snapshot of how investors allocated capital through cryptocurrency exchange-traded funds.
Spot ETFs offer exposure to digital assets through traditional securities accounts, without requiring investors to manage cryptocurrency wallets directly.
Positive net flows generally indicate that new fund creations exceeded redemptions during the reporting period.
Negative net flows indicate the opposite.
However, ETF flows should not be confused with overall cryptocurrency trading activity or direct price movements.
Bitcoin, Ethereum, Solana and XRP also trade through other markets, where buying and selling activity can influence prices independently.
Strong Bitcoin ETF inflows may reflect positive demand for BTC investment products, but they do not guarantee that Bitcoin’s price will rise.
Similarly, withdrawals from Ethereum, Solana and XRP ETFs do not necessarily predict further price declines.
Investors may monitor whether Bitcoin continues attracting inflows and whether the other three categories begin recovering.
For now, Bitcoin led the October 26 ETF session with $110.34 million in inflows, while combined withdrawals from ETH, SOL and XRP reached $100.42 million.
The result left the four categories with a modest positive net balance despite mixed investor demand.

Laut River wird Bitcoin im Vergleich zu anderen großen Anlageklassen überwiegend von Einzelpersonen gehalten.
Der institutionelle Besitz könnte mit der zunehmenden Reife von Bitcoin wachsen und einem ähnlichen Muster wie bei Gold folgen.
Eine stärkere institutionelle Beteiligung könnte die Liquidität und Verbreitung verbessern, aber auch Bedenken hinsichtlich einer Konzentration des Besitzes wecken.
Bitcoin ist unter den großen Anlageklassen nach wie vor ungewöhnlich, da Berichten zufolge einzelne Anleger den größten Teil des Angebots halten.
Laut dem Finanzdienstleister River könnte sich diese Eigentümerstruktur allmählich verändern, wenn sich die Kryptowährung weiter etabliert.

XRP-Wallets mit mindestens 10 Millionen Token kontrollieren nun etwa 68,5 % des Angebots.
Laut Santiment ist ihr Anteil so hoch wie seit November 2022 nicht mehr.
Die Akkumulation findet statt, während XRP bei etwa 1,29 $ gehandelt wird, und wirft Fragen über die nächste Kursbewegung auf.
Laut neuen On-Chain-Daten von Santiment erhöhen Großinvestoren ihre Anteile am XRP-Angebot.
Wallets mit mindestens 10 Millionen XRP kontrollieren nun zusammen etwa 68,5 % des Token-Angebots. Das ist ihr höchster Anteil seit November 2022.

Die standardmäßige Auszahlungsoberfläche von Blast wird geschlossen, während das Layer-2-Netzwerk den Betrieb einstellt.
Nach dem 26. Oktober müssen Nutzer direkt mit Ethereum-Bridge-Verträgen interagieren, um Vermögenswerte abzuheben.
Nutzer sollten offizielle Vertragsadressen und Auszahlungsanweisungen überprüfen, um Betrug und Transaktionsfehler zu vermeiden.
Das Ethereum-Layer-2-Netzwerk Blast schließt seine standardmäßige Auszahlungsoberfläche, während das Netzwerk seinen Einstellungsprozess durchläuft.
Das bedeutet, dass Nutzer sich nach dem 26. Oktober 2026 nicht mehr auf die gewohnte Auszahlungsoberfläche verlassen können.

Aviva Investors hat eine tokenisierte Anteilsklasse seines 22 Milliarden £ schweren Sterling Liquidity Fund auf dem XRP Ledger eingeführt.
Aviva hat 50 Millionen £ in die neu eingeführte tokenisierte Anteilsklasse investiert.
Die Einführung unterstreicht das wachsende institutionelle Interesse an einer auf Blockchain basierenden Infrastruktur für Investmentfonds.
Aviva Investors hat eine tokenisierte Anteilsklasse seines 22 Milliarden £ schweren Sterling Liquidity Fund auf dem XRP Ledger (XRPL) eingeführt. Dies ist ein bemerkenswerter Schritt bei der Einführung der Blockchain-Technologie durch traditionelle Vermögensverwalter.

Der realisierte Preis der Bitcoin-Trader steigt wieder, was auf eine Verbesserung der Kostenbasis aktiver Marktteilnehmer hindeutet.
Historisch gesehen hat dieser Indikator während Korrekturen in bullischen Marktphasen häufig Unterstützung geboten.
Eine Rückkehr in Richtung des realisierten Preises der Trader könnte für die nächste Bewegung von Bitcoin zu einem wichtigen Prüfstein werden.
Bei Bitcoin zeichnet sich eine ermutigende On-Chain-Entwicklung ab: Der realisierte Preis der Trader steigt wieder und zieht die Aufmerksamkeit von Anlegern auf sich, die mögliche Unterstützungsniveaus beobachten.

Bitcoin-Spot-ETFs führten die wöchentlichen Zuflüsse mit 442,67 Millionen US-Dollar an, während XRP-ETFs 4,25 Millionen US-Dollar hinzugewannen.
Ethereum-Spot-ETFs verzeichneten Abflüsse in Höhe von 224,96 Millionen US-Dollar, gefolgt von Solana mit 17,3 Millionen US-Dollar.
Die kombinierten Nettozuflüsse in den vier ETF-Kategorien beliefen sich auf 204,66 Millionen US-Dollar.
US-amerikanische Spot-Kryptowährungs-ETFs verzeichneten vergangene Woche eine gemischte Anlegeraktivität: Bitcoin zog erhebliche Zuflüsse an, während Ethereum und Solana Abflüsse verzeichneten.
Den gemeldeten Zahlen zufolge verzeichneten Bitcoin-Spot-ETFs Nettozuflüsse in Höhe von 442,67 Millionen US-Dollar. Damit war BTC der stärkste Performer unter den vier erfassten Kategorien.

Bitcoin ist 2026 um 7,3 % gefallen, Gold um 7,5 %, so Charlie Bilello.
Beide Assets belegen Berichten zufolge die letzten beiden Plätze unter den erfassten großen Anlagewerten.
Sollte sich der Trend bis zum Jahresende fortsetzen, könnte diese ungewöhnliche Kombination einen historischen Präzedenzfall darstellen.
Bitcoin und Gold haben sich laut dem Marktanalysten Charlie Bilello bislang als die großen Anlagewerte mit der schlechtesten Wertentwicklung im Jahr 2026 erwiesen.
Die jüngsten Zahlen zeigen, dass Bitcoin seit Jahresbeginn 7,3 % im Minus liegt, während Gold mit einem Rückgang von 7,5 % etwas stärker nachgegeben hat.