Demand for BTC is diverging, with signs of weakening US activity. While Binance remains a venue for whales, the Coinbase premium points to weakening US interest.
Ali Martinez identified $84,000 as a key level, with a close above it potentially opening a move toward $93,000.
A wallet holding 4,582 BTC ($377.6 million) moved its entire balance on Monday, the same day a second whale sold 837.8 BTC at a loss to buy 27,500 ether. Whale No. 1: What Woke Up? Onchain tracker Lookonchain reported that another Bitcoin OG had woken up, transferring out all of their 4,582 BTC ($377.58M).
Check out what can fuel a pump toward $93,000.
The altcoin season index fell to 56, staying in neutral territory, while Bitcoin dominance rose to 59.9%. Bitcoin traded at $83,428 with a 90-day return of 29.11%.
Bitcoin options open interest rose 0.61% to $37.59 billion, with calls holding 60.10% of OI. Puts narrowly led 24-hour volume at 50.15%.
U.S. spot Bitcoin ETFs recorded their largest weekly withdrawal since late June, while Ether ETFs posted $542 million in outflows.
Strategy repurchased 1.93 million STRC shares for $192.4 million while buying 250 Bitcoin for $21.5 million from Oct. 5-11, 2026.
Investors are positioning ahead of today's bank earnings reports and Wednesday's U.S. inflation data.
Bitcoin operates in a crypto market that has become more cautious again: CoinMarketCap's sentiment index drops to 56 out of 100 on October 13, 2026, compared to 57 for Alternative.me. Cointribune compares the two indicators and the flows of Bitcoin ETFs.
Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its STRC preferred shares. On Oct. 12, the Michael Saylor-founded company disclosed that it acquired just 250 Bitcoin for about $21.5 million between Oct. 5 and Oct.
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