Bitcoin sees its biggest exchange outflow in five weeks ahead of the Fed decision.
Santiment recorded a net outflow of 14,942 BTC from trading platforms, the largest daily outflow in five weeks.
The move precedes the Federal Reserve’s decision on Wednesday and the release of GDP and PCE data on Thursday.
Santiment noted that moving Bitcoin off exchanges could signal less immediate selling pressure, referencing a similar 17,755 BTC outflow on September 22 that preceded a rise above $86,600.
Spot BTC ETFs have posted over $26 million of net outflows this October after previous inflows totalling $6.2 billion in August‑September.
MARA Holdings transferred 1,000 BTC (≈$80.19 million) to BitGo, a transaction flagged by Lookonchain but not confirming a sale.
Do you see these outflows as a bullish signal or a warning of upcoming volatility?
#Bitcoin #ExchangeOutflow #FedDecision #SpotBTCETF #Crypto
Santiment recorded a net outflow of 14,942 BTC from trading platforms, the largest daily outflow in five weeks.
The move precedes the Federal Reserve’s decision on Wednesday and the release of GDP and PCE data on Thursday.
Santiment noted that moving Bitcoin off exchanges could signal less immediate selling pressure, referencing a similar 17,755 BTC outflow on September 22 that preceded a rise above $86,600.
Spot BTC ETFs have posted over $26 million of net outflows this October after previous inflows totalling $6.2 billion in August‑September.
MARA Holdings transferred 1,000 BTC (≈$80.19 million) to BitGo, a transaction flagged by Lookonchain but not confirming a sale.
Do you see these outflows as a bullish signal or a warning of upcoming volatility?
#Bitcoin #ExchangeOutflow #FedDecision #SpotBTCETF #Crypto
