Glassnode: wallets holding 100–1,000 BTC lead October accumulation
- —Wallets with 100–1,000 BTC are consistently adding coins in October
- —ETF turnover hit $700 million on Oct. 23, down from $1.3 billion daily since May
- —About 4 million BTC was bought between $85,000 and $118,000, over half above current prices
- —Bitcoin volatility has been lower than now on only about 5% of days since 2015
Why it matters: Broader accumulation beyond mid-sized wallets would signal wider demand and could support a recovery toward the $84,000–85,000 resistance.
Source: Livecoins