CoinEx Daily: Bitcoin Stabilizes at $90,000 Despite $1.64B BlackRock Outflows

Daily View

Bitcoin prices have stabilized following recent declines to the $90,000 level, with inflows into exchanges primarily driven by active wallets and short-term traders. Despite significant ETF outflows—notably BlackRock’s $1.64 billion sell-off—on-chain data reveals that whale buying and long-term accumulation continue behind the scenes. Meanwhile, the prospect of a December Fed rate cut is back in focus as analysts forecast weak Q4 labor market data.