Overview

• Bitcoin hovered near $108,000–$111,000 as Volmex BVIV topped 50% and short-dated puts priced at a 5%–9% premium to calls, with gold hitting new highs around $4,380 per ounce.
• U.S. spot Bitcoin ETFs registered roughly $104 million in net outflows on Oct. 15, removing a recent source of spot demand.
• CryptoQuant flagged about 51,000 BTC moved by miners to Binance over seven days, while long‑term holders realized elevated profits with LTH SOPR above 2.0.
• New whale wallets withdrew more than $160 million in BTC from Binance and FalconX to self-custody, a pattern often read as selective accumulation.
• Hundreds of millions in long positions were liquidated over 24 hours, and analysts warn that a break below $107,000–$110,000 could target ~$98,000 then ~$82,000, whereas a close above ~$117,000 would mark improving momentum.