Investment
Features
FeesSafety
Academy
More
Pluang+

Older Bitcoin holders cut exchange transfers while whales move $307M, hinting at mixed supply and potential $80K support test.

Market News
17 Oct 2026
AMBCrypto
View Source
Neutral
Older Bitcoin holders cut exchange transfers while whales move $307M, hinting at mixed supply and potential $80K support test.

Bitcoin holders who bought six to twelve months ago have sharply reduced their transfers to exchanges, dropping from 40.4% in June to 4.4% in October, suggesting less immediate selling pressure from this group. Meanwhile, two large whale transactions moved a combined $307 million in BTC, including a significant withdrawal from Kraken, reducing exchange supply. Despite this, overall Bitcoin spot exchange inflows remain positive, indicating increased selling supply but with unclear intent. Bitcoin is currently near $81,542, facing selling pressure and may test the $80,000 support level before potentially rebounding toward resistance at $83,895 and $87,333.

Bitcoin trades at Rp1.461.066.930 on Pluang as of Oct 18, 2026 01:21 WIB, showing a slight 0.29% gain in the past day. Despite the article noting significant whale movements and potential testing of the $80,000 support level, on Pluang, Bitcoin's market remains relatively stable with a balanced order activity of 51% sell and 49% buy. The typical hold time of 111 days on Pluang suggests a moderately patient investor base amid these fluctuations.

More News (BTC)

Bitcoin leads crypto searches with $1.64T market cap despite slight price drop

Bitcoin leads crypto searches with $1.64T market cap despite slight price drop

Bitcoin remains the most searched cryptocurrency as of Oct. 17, holding a $1.64 trillion market capitalization despite a 0.54% price decline to $81,432. Other top searched tokens like Injective, Derive, and Quant also saw price drops ranging from 2% ...

Market News
Bearish
6 hours ago
Solana's open interest drops 4.25%, Bitcoin and Solana share highest crypto funding rates at 3.8% annualized

Solana's open interest drops 4.25%, Bitcoin and Solana share highest crypto funding rates at 3.8% annualized

On October 17, Solana (SOL) experienced the largest decline in open interest among major cryptocurrencies, falling 4.25% to $929.5 million. Bitcoin's open interest also decreased by 0.69% to $7.68 billion. Both Solana and Bitcoin had the highest fund...

Technical Signals
Neutral
8 hours ago
Bitcoin and Ether funds see $548.5M net outflows in early October, down 55% from prior week

Bitcoin and Ether funds see $548.5M net outflows in early October, down 55% from prior week

U.S. spot funds linked to Bitcoin and Ether experienced net withdrawals totaling $548.5 million over five trading sessions ending October 16. Ether funds accounted for $320.1 million of these outflows, while Bitcoin funds saw $228.4 million withdrawn...

Market News
Bearish
9 hours ago
Most top cryptocurrencies fell; LayerZero (ZRO) dropped nearly 13% while Celestia (TIA) gained 9%.

Most top cryptocurrencies fell; LayerZero (ZRO) dropped nearly 13% while Celestia (TIA) gained 9%.

Among the 90 largest cryptocurrencies by market cap, 75 declined over the past 24 hours, with LayerZero (ZRO) experiencing the largest loss of 12.89%, falling to $1.95. Celestia (TIA) led the gainers, rising 9.11% to $0.726. Other notable movers incl...

Market News
Bearish
9 hours ago
Monero releases bug-fix update 0.18.5.4 as XMR price rises 6.93% amid regulatory challenges in Germany.

Monero releases bug-fix update 0.18.5.4 as XMR price rises 6.93% amid regulatory challenges in Germany.

Monero released a maintenance update 0.18.5.4 fixing bugs without changing network rules, while its price rose 6.93% over the week, outperforming Bitcoin and most major cryptos. The update improves DNSSEC validation and JSON interface functionality. ...

Market News
Bullish
10 hours ago
banner-footerbanner-footer

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