Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin nears key $74,600 level as short-term holders increase transfers to exchanges amid price drop.

Technical Signals
09 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin nears key $74,600 level as short-term holders increase transfers to exchanges amid price drop.

Bitcoin has dropped about 7% from its recent high, approaching the critical $74,600 short-term-holder realized price, which marks the average cost basis for recent buyers. This level is significant because falling below it could pressure the market as short-term holders might face losses. Recently, 45,600 BTC were transferred to exchanges by short-term holders, with 29,100 BTC moved at a loss, indicating potential selling pressure. Additionally, U.S. government-linked wallets reduced their Bitcoin holdings by 17,468 BTC, adding further uncertainty. Technical analysts highlight resistance levels around $82,500 and above, but the market's next direction remains unclear as Bitcoin tests these key price points.

Bitcoin's $74,600 cost basis is a key market level amid recent price shifts. For readers following Bitcoin, here is Pluang's market snapshot as of Oct 09, 2026 15:22 WIB: out of 50 major cryptocurrencies priced on Pluang, 14 rose and 35 fell today. Notable movers include SXP (Solar) down 46.27% to Rp37 with a typical hold time of 94 days, BAL (Balancer) up 11.14% to Rp16,297 with a typical hold time of 85 days, and CRV (Curve DAO Token) down 10.64% to Rp6,179 with a typical hold time of 62 days and Pluang order activity showing 90% sell and 10% buy.

More News

Sigenergy debuts AI-powered energy solutions and new partnerships at Malaysia's IGEM 2026.

Sigenergy debuts AI-powered energy solutions and new partnerships at Malaysia's IGEM 2026.

At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...

Market News
Bullish
1 hour ago
Bitcoin sees more extreme daily moves in 2026 than 2018 despite lower overall volatility

Bitcoin sees more extreme daily moves in 2026 than 2018 despite lower overall volatility

In 2026, Bitcoin has experienced 10 unusually large daily price moves of at least three standard deviations through October 9, surpassing the eight such moves recorded during the entire 2018 bear market. This is notable because overall annualized vol...

Market News
Neutral
4 hours ago
Bitcoin's average volatility drops but extreme price jumps exceed 2018 levels, signaling mixed market signals.

Bitcoin's average volatility drops but extreme price jumps exceed 2018 levels, signaling mixed market signals.

In 2026, Bitcoin's average annualized volatility has decreased to 40-47%, much lower than historical levels above 80%, suggesting calmer daily price movements. However, extreme price jumps—sudden large swings—have increased by 71% compared to 2018, i...

Market News
Neutral
4 hours ago
Hyperliquid network upgrade scheduled for Oct 10, causing brief trading downtime

Hyperliquid network upgrade scheduled for Oct 10, causing brief trading downtime

Hyperliquid will perform a network upgrade on October 10 at 4:15 a.m. ET, expected to last about 10 minutes. During this time, trading and on-chain activities may be temporarily interrupted. The maintenance is planned for early Saturday morning in th...

Protocol Fundamentals
Neutral
4 hours ago
Bitcoin ETFs see $21M inflows as Ether ETFs face $56M outflows amid US crypto regulatory shifts

Bitcoin ETFs see $21M inflows as Ether ETFs face $56M outflows amid US crypto regulatory shifts

On October 9, Bitcoin spot ETFs attracted $21.13 million in net inflows, led by IBIT with $22.38 million, while Ether spot ETFs experienced $56.10 million in net outflows, marking nine straight sessions of decline. This divergence occurs amid ongoing...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App