Bitcoin rises as Fed holds rates at 3.75%-4.00% in split vote
first published 2026-10-28T07:35:13Z
Lookonchain reported that three Bitcoin whales moved 6,168 BTC, worth about $498.5 million, to Coinbase Prime while Bitcoin traded near $80,800. Arkham Intelligence separately said another whale deposited 438.37 BTC after earlier withdrawing 615.4 BTC at a much higher average price, leaving an unrealized loss of more than $15 million. Neither firm confirmed the transfers were sales.
AI Analysis
Large BTC transfers to Coinbase Prime may signal potential selling pressure, and the reported unrealized loss adds to the bearish tone. However, no sale was confirmed, so the market impact is moderate rather than high.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
Source Articles
- Bitcoin whales move nearly $500M to Coinbase Prime overnight - Crypto News
- Bitcoin ETF inflows climb to $176M as sentiment edges higher - Cointelegraph
- Bitcoin can reach a million merchants. Why aren’t people spending it? - Crypto News
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- Bitcoin Price Trades Above $81,500 as Fed Keeps Rates Steady in Split Vote - Bitcoin Magazine
- Fed Holds Rates at 3.75%-4% as Bitcoin Nears $81K: What’s Next? - Coinpedia
