Bitcoin Faces Renewed Pressure as Prominent Whale Opens New Short Positions
TL;DR: Whale tied to Garrett Jin sold over 5,200 BTC and opened new shorts on Hyperliquid. BTC fell below $108,000, triggering fear and renewed selling pressure. Analysts warn of potential market manipulation as traders remain divided on BTC's next move.
Crypto Markets Today: Zcash Surges to Lead Altcoin Market as Bitcoin Stalls Near $108K
The crypto market fluctuated between key levels of support and resistance on Wednesday, with bitcoin BTC$108,033.92 trading at $107,800 and ether ETH$3,859.15 at $3,830, demonstrating indecision from traders and holders.
Arthur Hayes calls for $1M Bitcoin as new Japan PM orders economic stimulus
Hayes previously predicted that Bitcoin's price would soar to $250,000 when the Bank of Japan pivoted to quantitative easing measures.
Bitcoin Could Crash 50%, Pushing MSTR ‘Underwater,' Legendary Trader Warns
Veteran chartist Peter Brandt ignited a fresh technical debate on X after publishing two annotated charts—one of today's Bitcoin daily bars, the other of Chicago Board of Trade soybeans from 1977—arguing that the cryptocurrency may be carving out a broadening top akin to the historical commodity pattern that preceded a 50% collapse. “In 1977 Soybeans formed a broadening top and then declined 50% in value,” Brandt wrote.
$740M wiped out: Did Bitcoin just clear the leverage overhang?
Bitcoin (BTC) forced the closure of $740 million in leveraged positions on Oct. 21 as the price swung from $110,552 to $114,019 before retreating toward $108,000, executing a classic short-squeeze followed by long liquidations that cleared excessive derivatives exposure. Data from Coinglass shows $435.63 million in long positions and $304.
XRP Dominates Upbit as Inverse H&S Pattern Signals $3.10 Surge
XRP continues to call the shots on Upbit's trading charts as a classic inverse head and shoulders reversal pattern forms, targeting a potential breakout toward $3.10.
Spot Bitcoin ETFs snap 4-day, $1 B outflow streak as BTC holds $108K
After four straight sessions of redemptions that pulled over $1.2 billion from spot Bitcoin ETFs, US issuers saw a sharp reversal on Oct. 21, bringing in $477.2 million in new inflows. It was the first positive print since Oct. 14 and the largest single-day net gain in two weeks.
Whales are going long on Bitcoin, can BTC surge to $110k?
Several whales are deploying millions of funds into Bitcoin long positions on Hyperliquid as the asset sees slight gains. Will it be enough to catapult BTC back to the $110,000 level?
Bitcoin whales are stacking again – Is another breakout coming?
Leverage is distorting BTC's moves, but whale behavior might reveal the real trend.
Bitcoin Newbie Whales Now Sitting On $6.9 Billion In Losses, Most Since 2023
On-chain data shows the recent bearish Bitcoin price action has put the network's short-term holder whales into a significant unrealized loss. New Bitcoin Whales Have Dived Underwater In a new post on X, on-chain analytics firm CryptoQuant has discussed about the latest trend in the profit-loss situation of the short-term holder Bitcoin whales.
Ethereum Treasury Giant SharpLink Resumes ETH Purchases As Holdings Top $3.5 Billion
Ethereum (ETH) treasury firm SharpLink Gaming has resumed purchasing ETH. The firm made its first ETH purchase since August 2025, acquiring another 19,271 ETH at an average purchase price of $3,892 per ETH.
Bitmine buys $250M in ETH – Supply squeeze on the way?
This may be the perfect setup for a surge.
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