Bitcoin Updates: Major Whale Makes Bold Long Position Despite Market Uncertainty After Liquidations
A whale known by the address 0x960 has opened substantial long positions in
This move comes as the broader crypto market sends mixed signals. On October 23, spot Bitcoin ETFs saw $90.60 million in net inflows, with Fidelity (FBTC) and
The whale’s current bullish bets stand in contrast to recent market upheaval. In late October 2025, a $19 billion liquidation wave—sparked by renewed US-China trade disputes and intensified by whale-led shorting—drove Bitcoin’s price down from $125,000 to $104,000, as reported by an
The 0x960 whale’s tactics are further complicated by recent events. Just 12 hours before opening its long trades, the address’s BTC short was liquidated by a stop-loss, according to LookOnChain. Other whales are seeing mixed results: one has an unrealized profit of $8.09 million on a 13x leveraged BTC long, while another is facing a $5.52 million loss on a BTC short. These varied outcomes highlight the crypto market’s volatility and the high-risk stakes of leveraged trading.
Analysts point out that the whale’s moves could impact price trends. Should Bitcoin surpass $118,000, major CEXs could see $945 million in short positions liquidated, while a drop below $113,000 could trigger $964 million in long liquidations, based on LookOnChain data. The 0x960 whale’s positions, with liquidation points well below current prices, suggest strong confidence in continued price growth, though the high leverage means losses could be severe if the market turns.
