Bitcoin holders sold 405,000 BTC valued at $40 billion in October, according to Coinotag, as the Crypto Fear & Greed Index plummeted to 21. This sell-off coincided with a 3-8% decline in major cryptocurrencies, reflecting heightened market anxiety.
Bitcoin's price fell to $104,500, while Ethereum and Solana dropped to $3,520 and $162, respectively. The market turbulence also led to over $1.2 billion in liquidations, underscoring the volatility impacting the crypto sector.
Bitcoin Holders Offload $40 Billion as Fear Index Drops to 21
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
