Centralized exchanges recorded a net outflow of 927.70 BTC over the past 24 hours, Coinglass data show. Coinbase Pro led withdrawals with 816.81 BTC, followed by KuCoin at 577.51 BTC and OKX at 461.17 BTC. Binance saw the largest inflow during the period at 1,684.69 BTC.

Several whale addresses executed significant position changes on November 9, Hyperinsight data show. A previously undefeated trader closed a BTC long position roughly four hours earlier, securing approximately $38,000 in profit with account assets at around $253,500. Machi Huang's address entered a 25x leveraged ETH long holding 3,775 ETH with an $80,000 unrealized gain. The largest ZEC long position holder on Hyperliquid reduced holdings to 39,500 ZEC in early morning hours, with floating profits declining from a $12 million peak to $200,000. Owen Gunden deposited an additional 600 BTC worth approximately $61.17 million to Kraken while retaining 6,050 BTC valued at roughly $618.78 million.

Bitcoin addresses holding coins for over seven years are moving significant amounts on-chain, with transactions ranging from $100 million to $500 million, Capriole Investments founder Charles Edwards said. On-chain data track wallet activity of holders who acquired Bitcoin before 2018, showing orange markers for $100 million-level sales and red markers for $500 million distributions. Edwards noted that 2025 charts display unusually dense color patterns, indicating heightened liquidation activity among these early adopters.

A whale previously known for a 100% win rate opened a long position on 97.72 BTC with 40x leverage on Nov. 8, HyperInsight data show. The trader closed short positions for a $13,000 profit before entering the long position, valued at approximately $9.92 million.

A trader with a 100% win rate closed long positions and opened a short position on 90.63 BTC with 40x leverage, valued at approximately $9.24 million on November 8, HyperInsight data show. The whale shifted from bullish to bearish positioning in the Bitcoin market.

A cryptocurrency trader with a 100% win rate opened a 40x leveraged long position on 20 BTC worth approximately $2.04 million at an entry price of $101,800 on Nov. 8, HyperInsight data show.

U.S. spot Bitcoin exchange-traded funds recorded net outflows of $1.2084 billion for the week, Farside Investors data show. The weekly redemptions reflect a notable shift in institutional positioning across Bitcoin ETF products. Farside Investors tracks daily and cumulative flow data for spot cryptocurrency ETFs listed in the United States.

Bitcoin's key support level stands at $98,340, crypto analyst @ali_charts said in a chart analysis published on Nov. 8. Additional support levels are identified at $75,475 and $55,980 below the primary level.