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Bitcoin rebounds to $82K as whale wallets hit record high amid market recovery.

Market News
16 Oct 2026
Dailycoin
View Source
Bullish
Bitcoin rebounds to $82K as whale wallets hit record high amid market recovery.

Bitcoin's price rose 1.7% to about $82,300, supported by a record number of large whale wallets holding between 10 and 10,000 BTC, which reached 20,338. This surge in accumulation suggests strong confidence among major holders despite recent price volatility. However, Bitcoin remains below its October opening price and is testing critical support near $80,400, with analysts warning that a break below this level could lead to further declines. Early signs of recovery are noted by Glassnode, indicating a potentially shallower downturn than previous cycles, but key support levels will be crucial for the next price direction.

As of Oct 16, 2026 19:22 WIB, Bitcoin trades on Pluang at Rp1.476.487.547, showing a 2.02% increase over the past day. The market cap stands at Rp29.935,45 trillion with a 24-hour trading volume of Rp575,71 trillion. Notably, 62% of Pluang users are buying Bitcoin, reflecting ongoing interest despite the price testing key support levels mentioned in the news.

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