Live updates: Bitcoin holds above $81,000 as markets calm, oil continues to gain — SkimNews
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- U.S.-listed spot bitcoin ETFs suffered $635 million in outflows on October 15, the largest single-day outflow since June 25, according to Farside Investors
- Bitcoin has historically performed poorly in the 7, 30, and 90 days following outflow events exceeding $300 million, with average price declines across 22 prior instances
- Farside Investors noted the bearish historical pattern after large outflows, though cautioned the data is limited by the ETFs’ short lifespan and skewed by the October 2025 bear market onset
- Bitcoin price held above $81,000 on October 16 despite the outflows, showing resilience even as leveraged long positions faced $948 million in liquidations the prior day
Why it matters: The $635 million ETF outflow signals strong investor retreat, and given that large outflows have historically preceded sustained price drops, this could pressure bitcoin further in the coming weeks. The market’s ability to hold $81,000 now may determine whether this becomes another downswing trigger.
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