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Bitcoin whales accumulate ahead of crucial US inflation report as $744 million exits ETFs

Bitcoin whales are accumulating before Wednesday's US inflation report, despite $744 million in recent spot ETF withdrawals. According to an Oct. 13 CryptoQuant report, large holders have increased their combined Bitcoin holdings to 3.03 million BTC, with accumulation accelerating to its fastest monthly pace since February. The buying contrasts with $744.3 million in net withdrawals…

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Bitcoin whales accumulate ahead of crucial US inflation report as $744 million exits ETFs
Image: CryptoSlate

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Bitcoin whales are accumulating before Wednesday's US inflation report, despite $744 million in recent spot ETF withdrawals. According to an Oct. 13 CryptoQuant report, large holders have increased their combined Bitcoin holdings to 3.03 million BTC, with accumulation accelerating to its fastest monthly pace since February. The buying contrasts with $744.3 million in net withdrawals…

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