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Bitcoin holdings on major exchanges rise daily and weekly amid surging European trading volume.

Market News
16 Oct 2026
Tokenpost
View Source
Bullish
Bitcoin holdings on major exchanges rise daily and weekly amid surging European trading volume.

Bitcoin held on major exchanges increased both daily and weekly, with total holdings reaching about 2.45 million BTC as of October 16. Despite a 30-day net outflow trend, shorter-term inflows were strong, especially on Binance and Bybit. Trading volume surged across all regions, led by Europe with $1.64 billion in BTCUSDT volume on October 15, nearly doubling from the previous day. This activity highlights growing market engagement, particularly in European sessions, signaling potential shifts in trading dynamics.

The recent surge in Bitcoin trading volume aligns with active market participation on Pluang, where Binance Coin (BNB) trades at Rp13.068.281 as of Oct 16, 2026 19:21 WIB. BNB's price increased by 1.38% in the last day, reflecting positive momentum. Pluang users show a strong selling bias with 74% sell orders, while the typical hold time remains 89 days, indicating a balanced mix of short-term and medium-term strategies.

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