BTC and ETH led 24-hour net outflows, while USDC, XRP and SOL drew the largest net inflows. BTC saw a $170.35 million net outflow and USDC posted a $97.77 million net inflow.
Citi's $113K Bitcoin forecast implies roughly 35% upside as BTC struggles near $83K. Fresh $175.7M ETF inflows may help the recovery.
BitMEX faces a £20 million UK lawsuit after an investor accused the closed crypto exchange of offering derivatives without FCA authorization.
Glassnode said Bitcoin, Ethereum and Solana occupy different points on a decentralization spectrum, with Bitcoin stronger in auditability and geographic resilience while Solana trades some decentralization for speed.
The finding comes amid a trend toward institutionalization and concentrated holdings.
U.S. inflation is due at 8:30 a.m. ET. Economists surveyed by Dow Jones estimated September's consumer price index rose 0.6% month-on-month and 3.6% year-on-year.
Bitcoin options open interest rose to $38.14 billion, with calls leading outstanding positions. Put options dominated 24-hour volume, led by a $60,000 Deribit contract.
Bitcoin whales now hold 3.03 million BTC, their largest stash since November 2025, according to Cryptoquant. Meanwhile, an unidentified investor pulled 1,162 BTC ($96.77 million) from Wintermute into five fresh wallets. Whale Balances Hit an 11-Month High Holders of at least 1,000 BTC are buying again per a research note by Cryptoquant.
The payment is scheduled for Oct. 15. Shareholders of record on Oct. 14 qualify, the same date the fund set as its ex-dividend date.
Bitcoin touched $84,000 early Wednesday and slipped back to $83,200 as a chip-led risk-off trade and the September CPI print kept buyers on hold.
Whale holdings stayed above 3 million BTC as prices fell in early October, while apparent demand recovered toward neutral this week.
Bitcoin briefly reached $84,000 before easing back, while the CoinDesk 80 fell 0.6% since midnight as traders waited for U.S. inflation data.