Bitcoin holds near $82K as one-year active supply slips to 36.5%
- —One-year active BTC supply fell from 37% to 36.5% between Oct. 8 and 19
- —Daily Coinbase BTC volume has not topped 8,600 BTC since Oct. 8
- —October peak was 8,760 BTC on Oct. 2, 30–38% below August and September highs
- —BTC's 20-day correlation with WTI crude stands at minus 0.59
Why it matters: Thin volumes and muted holder activity signal traders are cutting exposure while the market waits for Wednesday's EIA oil data.
Source: CoinDesk Japan