Markets· ★★★★· bearish·

Bitcoin Logs Second-Biggest Profit-Taking Day of 2026 After Topping $87K

  • —Single-day realized profit hit $1.03 billion, near the year's record
  • —Binance BTC reserves fell by 40,689 coins (5.77%) in 18 days
  • —Spot BTC ETF outflows reached $410 million in October
  • —US government moved 12,267 BTC worth $1.01 billion on October 8
Why it matters: Heavy profit-taking and ETF outflows are pressuring prices; holding $83,000 will determine whether BTC can retest recent highs.
#BTC
Source: CryptoPotato
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