🚀 Bitcoin Update: Market Trends & Whale Activity 🐋

- Bitcoin (BTC) hit a local high of $62,370 on Oct. 5 after a bullish U.S. jobs report.

- Despite surpassing $62,000, BTC faced a slight correction, now trading at $61,950.

- Daily trading volume dropped by 53%, currently at $12.2 billion.

- Whale activity shows a net inflow of 205 BTC on Oct. 5, with no significant sell-offs.

- Whale transaction volume decreased by 48%, indicating potential price consolidation.

- BTC saw a net outflow of $153 million from centralized exchanges, hinting at accumulation.

What are your thoughts on Bitcoin's current trend? Share in the comments! 💬