Bitcoin Exchange Netflow Drops to 12,570 BTC as $1.01 Billion Leaves Trading Platforms

CryptoQuant data shows Bitcoin exchange netflow fell to negative 12,570 BTC on October 27, an estimated $1.01 billion leaving major trading platforms while Bitcoin traded near $80,487. The reading reversed the prior session inflow above 7,000 BTC, a swing of more than 19,570 BTC, and neared October 6 outflows of almost 15,000 BTC. Figures remain preliminary.