Markets· ★★★★· neutral·

Bitcoin stalls near $88K as long-term holder selling slows

  • —Long-term holders logged their heaviest daily selling of 2026 as BTC neared $85,000
  • —Spot Bitcoin ETFs saw $487 million in net redemptions on October 8, 2026
  • —Long liquidations topped $2.4 billion during the early-October pullback
  • —Large buy orders have sat at $81,000–81,250 since early October
Why it matters: The next leg hinges on the October CPI print and ETF flows: a break below $81,000 opens QCP's range low, while fresh demand would test $88,000–90,000.
#BTC
Source: Crypto Briefing
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