Growth
Bitcoin Whales Accumulate Before US Inflation Report
Large holders of Bitcoin are increasing their positions, with holdings reaching 3.03 million BTC, the highest since November 2025, according to CryptoQuant. US spot Bitcoin ETFs experienced net outflows of $568.6 million over six trading sessions, reversing part of the institutional demand that supported Bitcoin's September recovery. The recent inflows into US spot Bitcoin ETFs, including $175.7 million on October 13, suggest a return of institutional demand, though the data does not indicate whether the funds were invested in Bitcoin or deployed elsewhere. The growth in Bitcoin's market conditions, as measured by the CryptoQuant Bull Score Index, has improved from 20 in late July to 90 on September 26, indicating a possible emerging bull market.