Coin Metrics said the anticipated increase in Binance Bitcoin supply data resulted from broader address coverage rather than an actual rise in holdings. Bitcoin traded at $75,871 when the price was captured, while aggressive spot selling was reported across Binance and Coinbase. The U.S. inflation report scheduled for November 10 at 13:30 UTC will allow traders to compare coin transfers, executed sales and the price response. Selling pressure alongside a stable price would indicate buyer absorption, while persistent price weakness would weaken that interpretation.
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