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Bitcoin trades near $82,000 as short-term holders increase but spot demand stays weak

Market News
20 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin trades near $82,000 as short-term holders increase but spot demand stays weak

Bitcoin hovered around $82,000 on October 19, with on-chain data showing a rising share of supply held by short-term holders. Despite this shift, fresh spot demand remained weak, and U.S. spot bitcoin ETFs saw about $230 million in net outflows for the week. Network activity also softened, with on-chain transfer volume and transaction fees dropping roughly 10%. The market remains quiet with no clear return of strong buying interest.

Bitcoin short-term holder trends provide context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 20, 2026 13:21 WIB: Of 50 major cryptocurrencies priced on Pluang, 17 rose and 32 fell today. Notable movers include BAL (Balancer) at Rp16.297 with a 1-day change of +11.14%, BAT (Basic Attention Token) at Rp3.530 with a 1-day change of +10.53%, and EOS (EOS.IO) at Rp12.649 with a 1-day change of +8.13%.

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