Bitcoin Updates: Major Whale Makes Bold Long Position Despite Market Uncertainty After Liquidations
- Whale 0x960 opened $37M BTC/ETH long positions with 15x leverage, risking liquidation at $3,705 (BTC) and $10,500 (ETH). - BTC ETFs gained $90.6M inflows while ETH ETFs lost $93.6M, reflecting diverging investor sentiment amid $111K BTC and $3,932 ETH prices. - Recent $19B crypto liquidation event highlighted market vulnerability to whale-driven shorting, with 79% of traders expecting prolonged US government shutdown. - Divergent whale strategies show $8.09M gains vs. $5.52M losses, while BTC crossing $1
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates: Haust Network Connects Ethereum to DeFi, Enhancing Access with Mainnet Debut
- Haust Network launches Ethereum-compatible mainnet with AggLayer integration, completing its three-stage roadmap's first phase. - Platform introduces cross-chain wallet, real-time oracle, and passwordless account recovery via Account Abstraction to simplify DeFi access. - $HAUST token now tradeable on Uniswap and Haust's DEX, with Phase 2 planning AI-powered tools and DAO governance expansion. - Network aims to bridge Ethereum's infrastructure with gas-efficient solutions, aligning with DeFi's $1T+ month
Canada's Approach to Stablecoins: Navigating Innovation and Strict Regulation
- Canada accelerates stablecoin regulations to balance innovation with consumer protection, aligning with global digital asset trends. - Growing data center investments in Toronto/Montreal (140+ facilities by 2024) create infrastructure for stablecoin ecosystems. - Zelle explores stablecoins for cross-border payments while Binance dominates 67% of global stablecoin liquidity through Asia expansion. - Regulatory focus includes AI-driven AML monitoring and risk mitigation for volatility, transparency, and co
China's aspirations for the yuan encounter challenges from stablecoin advancements
- China's central bank warns stablecoin growth risks global financial stability, clashing with yuan internationalization goals. - Private firms like CLPS and WSPN expand stablecoin payment solutions, enabling real-time settlements with tokens like USDC. - Global adoption accelerates as Western Union tests stablecoin systems and Japan launches yen-pegged tokens, reducing remittance costs by 95%. - PBOC faces strategic dilemma: structural reforms needed to boost yuan's global role while managing decentralize
ClearBank and Circle Transform International Payments Using MiCA-Regulated Stablecoins
- ClearBank joins Circle's CPN to expand MiCA-compliant stablecoin access across Europe, linking its banking platform with blockchain infrastructure. - The partnership enables faster cross-border transactions using USDC/EURC, reducing reliance on traditional banking systems for payments and remittances. - ClearBank becomes one of Europe's first banks to integrate with CPN, leveraging Circle's Mint platform for regulated stablecoin minting and redemptions. - The collaboration reflects growing stablecoin ado
Trending news
MoreCrypto prices
More
