Markets· ★★★· bearish·

Bitfinex: 874K BTC sits in the $81K–$82.5K cost-basis zone, posing rebound selling risk

  • —About 874K BTC bought at $81K–$82.5K could hit the market on a rebound
  • —$81,300 seen as resistance after three consecutive closes below it
  • —BTC ETF outflows of $773.5M on Oct. 22–23 vs $110.3M inflow on Oct. 26
  • —Bitcoin futures open interest rose from 645,411 to 669,253 contracts
Why it matters: A rally back to $81K–$82.5K may run into supply from recent buyers, capping bitcoin's recovery.
#BTC
Source: TokenPost
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