Bitcoin rises to $87000, profit taking weaker than in August

CryptoQuant analyst Zizcrypto stated that the MVRV indicator for long-term Bitcoin holders has rebounded to 1.35, and this group has emerged from the shallow pressure range and returned to profitability. During the period of June to August, the indicator fell below 1.0 five times and hit a low of 0.94 on June 30th. At that time, the BTC price was about $58500, and long-term holders realized a price of about $62000. As of September 27th, the price of BTC is approximately $84500, with long-term holders realizing a price of approximately $62700. The spot price is about 35% higher than the cost basis.

Binance SOL/USDT is currently trading at $119.98, up 0.24% in 5 minutes. Please be aware of market fluctuations.

Binance will cease leveraged trading and remove REQ, WIN, GNS, TFUEL, GNO, QKC, LAZIO, and OSMO's leveraged and borrowing businesses on October 2, 2026 at 18:00 (UTC+8).

The new address 0x487... 476F1 has cumulatively withdrawn 11600 ETH worth $30.97 million from the exchange in the past 5 hours, with an average withdrawal price of $2667.46 and a current floating profit of $552000.

The new address 0x487... 476F1 has withdrawn a total of 11610 ETH worth $30.97 million from the trading platform in the past 5 hours, with an average withdrawal price of $2667.46. It has now gained a floating profit of $552000.