Markets· ★★★· neutral·

Glassnode: Bitcoin's $85K sell wall partly absorbed as ETF inflows slow

  • —The $85,000–85,500 sell wall appeared Sept. 24 and tripled within five days
  • —US spot Bitcoin ETF inflows slowed after about $1 billion on Sept. 21–22
  • —Long-term holders' share of realized profit rose from 34% to 55%
  • —By Oct. 2 part of the $85,000 orders was filled and the rest withdrawn
Why it matters: Holding above $85,500 alongside recovering ETF inflows would signal broader demand returning to Bitcoin.
#BTC
Source: TokenPost
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