
Bitcoin holds near $80,600 as whale selling eases but ETFs bleed $773M
- —Liquidations hit $546.88 million in 24 hours, affecting 116,300 traders
- —U.S. spot BTC ETFs saw $635.5 million leave on Oct. 22 and $137.9 million on Oct. 23
- —Whale holdings improved by 243,000 BTC but the yearly change stays negative
- —Resistance sits at $82,368 and $84,725, with support near $80,000
Why it matters: Holding $80,000 on thin volume and ETF outflows will decide whether Bitcoin extends losses toward $75,000 or starts to recover.
Source: crypto.news