The esteemed members of the cryptocurrency conclave, known in the trade as “whales,” have once again cast their financial lot with Bitcoin, their bullish tendencies as steadfast as a well-pressed cravat. ππΈ
On-chain data, that most arcane of disciplines, reveals that an anonymous crypto wallet has amassed 3,195 BTC from the esteemed Kraken exchange, while an unlabeled address, presumably an over-the-counter dealer, has also joined the fray. π
Whale bc1qd3, that paragon of financial acumen, has amassed 3,195 BTC (a tidy sum of $356.6 million) in a mere three hours. One might say they’ve been busy as a beaver with a mortgage. π
– Lookonchain (@lookonchain) October 26, 2025
As per the sage counsel of Lookonchain, the total Bitcoin accumulated by this whale reached a staggering $356.6 million on the auspicious date of October 26, 2025. A figure that would make even the most stoic of accountants blush. πΈ
The crypto community, ever the optimists, responded with such pearls of wisdom as “Whale knows something,” a sentiment as profound as it is unhelpful. π€
Another whale, this one with a penchant for high-stakes gambling, placed a $16.6 million long bet on Bitcoin with a 40x leverage. One can only imagine the thrill of such a wager, akin to betting on a horse with a 40:1 odds at the Derby. π°
Whale 0xC50a, ever the daring gambler, opened a 40x long on 149 BTC (a sum of $16.6 million) and a 10x long on 284,501 HYPE (a mere $12.5 million). A man who plays for keeps, one might say. π―
– Lookonchain (@lookonchain) October 26, 2025
The anonymous address, ever the enigma, also opened a 10x long position on HYPE, a token that seems to have more ups and downs than a rollercoaster in a hurricane. π’
Will Bitcoin Conquer the $115,000 Summit? A Question as Perplexing as a Riddle in a Rainstorm π§©
Bitcoin, that fickle lover of the financial world, has recorded consecutive gains over the past six Octobers. This time, however, it has dipped by 2.1% as it began this month around the $114,000 mark. A setback as disheartening as a missed train. π
With the latest whale bets on Bitcoin, the crypto community has taken to X with such fervor that one might mistake it for a revival meeting. “The hype is real!” they cry, a sentiment as genuine as a politician’s promise. π’
Even the famed influencer “Lucky” chimed in with the profound observation, “HyPe is real,” a statement so insightful it’s practically a Nobel Prize in Economics. π
HyPe is real
– Lucky (@LLuciano_BTC) October 26, 2025
According to the sagacious KillaXBT, the current Bitcoin consolidation below $114,000 is reminiscent of the 2021 bull market. “It’s like deja vu, but with more graphs and fewer dancing bears,” he quips. π
$BTC
BTC keeps consolidating below 114-116K because itβs retesting the weekly trend line, a similar setup to what we saw in the previous cycle. Failure to break above 116K in the near term could lead to a similar pattern unfolding.
– Killa (@KillaXBT) October 25, 2025
The analyst expects another correction if Bitcoin fails to break the $116,000 mark in the “near term” due to the tokenβs historical patterns. A warning as clear as a foggy morning. π«οΈ
In a response to a user who claimed the industry has institutional interest, KillaXBT remarked, “All the ETF really did was make it easier for boomers to buy Bitcoin through their usual channels. BlackRock is just the custodian, not the maestro of this symphony.” A sentiment as clear as mud, but with more jargon. π§
If major whales trigger the fear of missing out among retail investors, coupled with favorable macro conditions, Bitcoin, and the rest of the crypto market, will likely continue to accumulate. A scenario as likely as a penguin on a trampoline. π§
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2025-10-26 15:05