According to CryptoQuant, Bitcoin’s net exchange outflow fell to roughly -12,570 BTC on October 27, making it one of the largest daily outflows of the month. At a price near $80,487 per BTC, the movement represents a net withdrawal of about $1.01 billion in 24 hours. Exchange activity reversed after a positive net flow of more than 7,000 BTC the previous day. Bitcoin was trading around $80,487 after recently falling toward the $80,000 psychological level, while the large withdrawals potentially reduce the amount of BTC immediately available for selling.
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