The whales are at it again: three brand-new wallets swept up 1,090 BTC overnight, worth about $90.38 million, picking it up directly from Wintermute’s OTC desk (on-chain sleuth Lookonchain reported this morning).
They first sent 0.0002 BTC to test the waters, then withdrew large amounts in one go: 364, 363, and 362 BTC. The withdrawals came in from the evening of October 20 through the early hours of October 21.
This is the second time we’ve seen the same playbook. On October 14, five new wallets took 1,162 BTC from Wintermute (about $96.77 million), bringing the total for the week to around $187 million.
I wouldn’t call this retail FOMO—it’s accumulation with a process: negotiate OTC, withdraw on-chain, use new wallets, test transfers, and receive funds in batches. More meticulous than a bank’s risk controls.
The shorts are getting a lesson in reverse: today, one short whale was forcibly liquidated for 55.19 BTC and 153.19 ETH (about $5 million). Nearly $19.88 million in shorts remain stubbornly open, including a 220.74 BTC short just $463 away from its liquidation price (according to KuCoin, citing TradingBeats’ monitoring).
The bulls are quietly buying OTC, while the bears are being forced to buy on the open market. When both sides of the order book are leaning the same way, the market often stops making sense.
BTC is currently at $84,495 (live CoinGecko data, up 1.6% in 24 hours). The $84,000 level is now in the rearview mirror; next up is the glass ceiling around $87,000.
Which side are you betting on: are the whales front-running a dip-buy before the Fed’s October 28 rate decision, or providing cover for ETFs’ slow-motion accumulation?
$BTC
#比特币 #Whale
They first sent 0.0002 BTC to test the waters, then withdrew large amounts in one go: 364, 363, and 362 BTC. The withdrawals came in from the evening of October 20 through the early hours of October 21.
This is the second time we’ve seen the same playbook. On October 14, five new wallets took 1,162 BTC from Wintermute (about $96.77 million), bringing the total for the week to around $187 million.
I wouldn’t call this retail FOMO—it’s accumulation with a process: negotiate OTC, withdraw on-chain, use new wallets, test transfers, and receive funds in batches. More meticulous than a bank’s risk controls.
The shorts are getting a lesson in reverse: today, one short whale was forcibly liquidated for 55.19 BTC and 153.19 ETH (about $5 million). Nearly $19.88 million in shorts remain stubbornly open, including a 220.74 BTC short just $463 away from its liquidation price (according to KuCoin, citing TradingBeats’ monitoring).
The bulls are quietly buying OTC, while the bears are being forced to buy on the open market. When both sides of the order book are leaning the same way, the market often stops making sense.
BTC is currently at $84,495 (live CoinGecko data, up 1.6% in 24 hours). The $84,000 level is now in the rearview mirror; next up is the glass ceiling around $87,000.
Which side are you betting on: are the whales front-running a dip-buy before the Fed’s October 28 rate decision, or providing cover for ETFs’ slow-motion accumulation?
$BTC
#比特币 #Whale