Short-term Bitcoin holders transferred 19,800 BTC to exchanges within 24 hours as the price hovered around $80,000, with 11,300 BTC moved at a profit and 8,500 BTC at a loss. Activity has calmed since an October 8 spike, suggesting moderate trading compared to previous months. Analyst Doctor Profit expects Bitcoin to recover above its 50-day EMA and aims for a $94,000 target, noting current pressure from retail selling and futures shorts. The Federal Reserve's policy decision on October 28 may influence market direction next.
Bitcoin short-term holders moved 19,800 BTC to exchanges within 24 hours. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 28, 2026 00:51 WIB: of 50 major cryptocurrencies priced on Pluang, 22 rose and 27 fell today. Notable movers include ONE (Harmony) down 2.71% with 96% buy order activity, VET (VeChain) down 2.64% with 71% sell order activity, and AAVE (Aave) down 2.58% with 71% buy order activity.
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