570,000 BTC Accumulated Despite ETF Selling Pressure
New Bitcoin buyers have added 570,000 BTC since July, countering ETF sell-offs.
New Bitcoin buyers have added 570,000 BTC since July, countering ETF sell-offs. Bitcoin (BTC) is trading at ₹77,48,106 ($81,463.00). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Sat, 17 Oct 2026 15:15:01 UTC.
This significant accumulation highlights strong underlying demand for Bitcoin, even amid institutional selling pressure, suggesting a robust market with diverse buyer participation.
- 570,000 BTC added to holdings since July despite ETF sell-offs.
- New buyers maintain average cost basis of $75,000 per BTC.
- Market cap remains above $1.6T amid steady accumulation.
Despite facing selling pressure from 
Bitcoin ETFs, the cryptocurrency has seen significant accumulation, with new buyers adding 570,000 BTC to their holdings since July. This development suggests that institutional selling has been met with substantial demand from other market participants.
The new buyers have reportedly maintained an average cost basis of $75,000 per BTC, indicating confidence in the asset's long-term value proposition even at elevated price levels. This accumulation has helped support Bitcoin's price amid potential downward pressure from ETF outflows.
The broader market context shows Bitcoin's resilience, with its market cap remaining above $1.6 trillion. The cryptocurrency's price, currently at $81,408, has experienced a slight 0.60% decline over the past 24 hours but remains relatively stable over the week.
This accumulation trend underscores the diverse nature of the current Bitcoin market, where institutional activity is met with strong retail and other institutional interest. The Fear & Greed index at 55 indicates a sentiment of 'Greed,' reflecting the positive outlook among investors.
Looking ahead, the key will be to monitor whether this accumulation continues and how it balances against potential future ETF-related selling. The $75,000 cost basis may also act as a psychological support level for the market.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹77,42,874.85$81,408.00 to ₹77,48,106.00$81,463.00 — +0.07%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.49M (about $81,463.00), down 0.2% over 24 hours. The rupee itself trades about 9.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
570,000 BTC Accumulated Despite ETF Selling Pressure — questions & answers
What is the significance of the 570,000 BTC accumulation?
It shows strong demand countering ETF-related selling, supporting Bitcoin's price and market cap.
How does the $75,000 cost basis affect the market?
It indicates buyers' confidence at high price levels and may act as a support level for future price movements.
What is the current market sentiment for Bitcoin?
The Fear & Greed index at 55 suggests a 'Greed' sentiment, reflecting positive investor outlook.
How much is 1 Bitcoin worth in rupee today?
About ₹8.49M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,463.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.07% since this brief first published — trading at ₹77,48,106 ($81,463.00) now versus ₹77,42,875 ($81,408.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.