Bitcoin holders realized $1.03 billion in profits in a single day, marking the second-highest amount recorded in 2026, following Bitcoin’s climb above $87,000. The price of Bitcoin briefly plunged near $80,300 on Friday before recovering, yet remains below the $82,700 level. US-listed Bitcoin spot ETFs saw a reversal in flows, with nearly $410 million outflowing in October after $2.65 billion in net inflows in September. Binance’s Bitcoin reserves dropped by 40,689 units, or 5.77%, over 18 days, which could limit selling pressure in the short term. Analysts now identify the $83,000 level as a crucial threshold to watch.
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