Bitcoin Spot Accumulation Drives Trends Post-Fed Rate Cut

Following the Fed’s recent rate cut, a surge in Bitcoin spot accumulation has been observed alongside significant shifts within DeFi infrastructure. Data reveals that investors have withdrawn a staggering $20.6 billion from cryptocurrency exchanges over seven days. This trend suggests long-term investment strategies are gaining momentum. Further evidence is seen in perpetual contract trading volume exceeding $1 trillion in October, fueled by this influx of capital.