The company has completed another subtantial BTC purchase, extending its accumulation streak.
U.S. crypto ETFs opened the week under renewed pressure, with bitcoin funds losing $65.40 million and ether ETFs extending their outflow streak to 10 consecutive sessions.
Major exchanges recorded a 1,799 BTC daily net inflow, while weekly and monthly balances stayed negative. Binance BTCUSDT volume rose 219% in Asia and 561.6% in the US session.
While the attention of the general public has shifted from Bitcoin, drifting in a sideways range, to more volatile assets, its long-term metrics have completed the transition into a phase of a deep cyclical bottom.
Bitcoin fell below $81,000 before recovering above $84,000, while crypto-futures liquidations reached about $814 million over 24 hours.
A Bitcoin whale moved 4,582 BTC worth $377.6 million to five addresses after holding since March 2020, when the balance was worth $40.8 million. Four wallets received 1,000 BTC each and a fifth 582 BTC, but none had moved the coins or been identified as exchange deposits. The wallet made a 0.
ETF Outflows: Bitcoin and Ethereum ETFs recorded combined net outflows of $150.8 million on Oct. 12. BTC funds lost $65.4 million, while Ethereum products saw $85.4 million leave the sector. IBIT Concentration: BlackRock's IBIT accounted for the full $65.4 million in withdrawals from BTC ETFs.
U.S. spot Bitcoin ETFs returned to daily net outflows, led by a $65.4 million exit from BlackRock's IBIT. Total net assets stood at $106.06 billion.
Stacks, Babylon and Core are among the best Bitcoin staking platforms in 2026 for holders who want to earn rewards while keeping native BTC on Bitcoin Layer 1, although their reward structures and risks differ considerably.
The TIPS bond ETF trends have led Bitcoin trends in the past, and the TIPS ETF has been falling in recent months.
Bitcoin's October return stood at -0.11%, well below the historical October average of 18.49%. The 2026 year-to-date return was -6.6%, with Q4 also negative at -0.11%.
Crypto majors are red, alts are down bad and onchain is facing capitulation.