Bitcoin price returns to $83000

The Governor of the People's Bank of China, Pan Gongsheng, stated at the 2026 Financial Street Forum Annual Meeting that he will promote the withdrawal of benchmark interest rates for deposits and loans and replace them with market-oriented interest rate indicators.

The South Korea Bull 3X ETF (KORUB) rose nearly 18% in 24 hours, with a market value of $22.65 million and a 24-hour trading volume of $53.11 million. KORUB is a tokenized bStocks, where each token is supported by underlying stocks held by the issuer at broker dealers regulated in the United States. On October 16th, the South Korean Ministry of Finance responded to the volatility of the South Korean stock market, stating that it will monitor whether the stock market volatility spreads to the bond, foreign exchange, and currency markets, and respond severely to any behavior that disrupts market order. The South Korean Ministry of Finance has stated that the fundamentals of the South Korean stock market are stable.

The ETH short position at address 0xb15b... dbae suffered a partial consolidation in the afternoon of the same day, with approximately 1416 ETH being forcibly reduced in position. The cleared transaction amount was approximately 3.46 million US dollars, and the realized price difference loss was approximately 112000 US dollars. The address was cleared approximately 6747 ETH on the same day, with a settlement transaction amount of approximately 16.32 million US dollars. As of press time, the address still holds approximately 5663 ETH short positions, with a position value of approximately $13.76 million, an average position price of $2365.86, and a floating loss of approximately $362000. The current position is using 25 times full position leverage, with a liquidation price of approximately $2452.74.

Binance will launch the Binance Pick event on October 21, 2026 at 20:00 (UTC+8), where users can share a prize pool of up to 1 million USDC by completing tasks and making predictions. Early bird reservations will open on October 19th, with rewards including a season leaderboard of 500000 USDC, a weekly leaderboard of 400000 USDC, and a participation bonus of 100000 USDC.

[Axel Adler Jr.: Long-term holders reduce holdings by 345,000 BTC, selling frequency slows down] Analyst Axel Adler Jr. stated that since July 30, long-term Bitcoin holders have cumulatively reduced their holdings by 345,000 BTC. Over the past week, holdings decreased by 9,000 BTC, but increased by 40,000 BTC in the last three days. The spending frequency indicator for long-term holders has declined from its peak between October 6 and October 10. Currently, the price of BTC is approximately $82,800, while the average cost for long-term holders is around $48,600, resulting in an overall unrealized profit of about 70%.