Bitcoin (BTC) — Onchain News & Whale Tracking

Cobie: While Bitcoin's halving effect remains uncertain, the difficulty and risk of altcoin trading will continue to increase.

On November 3rd, the Crypto KOL Cobie tweeted that it remains uncertain whether Bitcoin will continue to offer diminishing returns. However, altcoin trading (on average) will become more difficult and risky, leading to an irreversible trend. The reasons are as follows: There is intense and maturing buyer competition, accompanied by a decrease in conviction. It is mainly through perpetual contracts and leverage trading. There is market cap overvaluation and severe dilution. All optimism is initially captured in terms of FDV, regardless of price and valuation. Excessive pre-market price discovery leads to insecurity. In 2017, buyers purchased spot and held them for weeks or months, adding to their positions with conviction during the uptrend and benefiting from early undervaluation. In 2025, buyers purchase through perpetual contracts, do not check the valuation, and sell when profits turn into losses or in forced liquidations. Nevertheless, altcoin remains the best return field for sm

CryptoQuant CEO: Bitcoin Cycle Pattern May Have Ended, Current Price Weakness Due to Lack of Demand

On November 3rd, Ki Young Ju, the CEO of CryptoQuant, shared a series of on-chain data about Bitcoin and presented the following key analyses: 1. The unrealized gains of whales are not extremely high. This may suggest one of the following two situations: "The hype has not yet arrived - we are far from the euphoric sentiment." or "This time is different - the market is too large to maintain a high profit margin." 2. Bitcoin's hash rate continues to reach new highs (with approximately 5.96 million ASIC miners online). Listed mining companies are expanding rather than downsizing, which is a clear long-term bullish signal. 3. The current demand is mainly driven by ETFs and MicroStrategy, but the buying pressure from these two major channels has recently slowed down. If these two channels resume growth, market momentum may reappear. 4. In the past 6 months, short-term whales (mainly ETFs) are close to breaking even. Long-term whales have gained about 53%. Historically, the market has shown

If Bitcoin falls below $107,000, the mainstream CEX long liquidation volume will reach 259 million.

On November 3rd, based on Coinglass data, if Bitcoin drops below $107,000, the cumulative liquidation intensity of mainstream CEX in terms of long positions will reach 259 million. Conversely, if Bitcoin exceeds $109,000, the cumulative liquidation intensity of mainstream CEX in terms of short positions will reach 128 million. BlockBeats Notes: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more pronounced reaction due to a liquidity avalanche when it reaches that point.

Stats: Two Bitcoin Whales, including the '1011 Insider Whale,' have deposited over 16,000 Bitcoins to CEXs since October.

On November 3rd, according to the monitoring of LookIntoBitcoin, since October 1st, the "1011 Insider Whale" has deposited approximately 13,000 Bitcoins (valued at $1.48 billion) into Kraken, Binance, Coinbase, and Hyperliquid. After that, since October 21st, Owen Gunden has deposited 3,265 Bitcoins (worth $364.5 million) into Kraken.

Bitcoin briefly drops below $108,000

On November 3rd, according to HTX market data, Bitcoin briefly fell below $108,000 and is currently trading at $108,009, with a 24-hour decline of 1.90%.

Bitcoin briefly drops below $109,000, Ethereum tests $3,800

On November 3rd, according to HTX market data, Bitcoin briefly fell below $109,000 and is currently trading at $108,962. Ethereum dipped below $3,800 and is currently trading at $3,799.71.

「100% Win Rate Whale」 Continues to Increase Bitcoin Long Position, Total Long Position Exceeds $400 Million

On November 3rd, as per EmberCN's monitoring, the "100% Win Rate Whale" added 140 BTC to his long position 5 hours ago. Currently, his long position is worth as high as 406 million US dollars. "He has been holding the position for 4 days, with a maximum floating loss of 18 million US dollars. Now, he only has a floating loss of 1.98 million US dollars." Except for SOL, all other positions are profitable: · There is a long position worth 152 million US dollars in ETH, with an opening price of $3,845 and a floating profit of $2.54 million; · There is a long position worth 133 million US dollars in BTC, with an opening price of $110,125 and a floating profit of $580,000; · There is a long position worth 113 million US dollars in SOL, with an opening price of $197.4 and a floating loss of $5.31 million; · There is a long position worth 6.88 million US dollars in HYPE, with an opening price of $41.3 and a floating profit of $200,000.

Bitcoin Drops Below $110,000

On November 3rd, according to HTX market data, Bitcoin fell below $110,000, experiencing a 24-hour decline of 0.23%.

Michael Saylor has reposted Bitcoin Tracker info, hinting at another BTC purchase.

On November 2nd, the founder of Strategy, Michael Saylor, once again shared information related to the Bitcoin Tracker. He said, "The color of November is orange." According to previous patterns, Strategy always discloses its Bitcoin purchase information on the second day following the release of such news.

TenThousandCoin Bitcoin Whale Owen Gunden once again deposits 193.77 BTC into Kraken

On November 2nd, as monitored by Onchain Lens, Solana's Bitcoin whale Owen Gunden once more deposited 193.77 BTC into Kraken, with a value of $21.49 million. He still possesses 8,922 BTC, which is worth $990.85 million.

If Bitcoin rebounds above $112,000, the mainstream CEX cumulative short liquidation pressure will reach $440 million

On November 2nd, based on Coinglass data, if Bitcoin rebounds and goes above $112,000, the total short liquidation intensity on major CEXs will reach $440 million. In contrast, if Bitcoin drops below $109,000, the total long liquidation intensity on major CEXs will reach $533 million. BlockBeats Notes: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.

Bitcoin Surpasses $111,000

On November 2nd, according to HTX market data, Bitcoin exceeded $111,000, and the 24-hour change was 0.89%.

PlanB: Bitcoin Monthly RSI is 66, Showing Robust Upward Momentum

On November 2nd, the prominent analyst PlanB stated, "The monthly RSI of Bitcoin is at 66, indicating a strong upward trend."

Bitcoin Short-Term Breaks $111,000

On November 2nd, according to HTX market data, Bitcoin briefly rose above $111,000 and is currently trading at $110,975.

Mining Firm Mara Holdings Sues Texas Official to Stop Noise Regulation Vote on Its Bitcoin Mining Facility

On November 2nd, as reported by FOX 4, the residents of Hood County, Texas, are making plans to set up a new town called "Mitchell Bend" through a referendum in order to restrict the noise from Bitcoin mining farms. The Bitcoin mining company Mara Holdings intends to prevent the election from taking place and has filed a lawsuit in the federal court, arguing that the residents' petition is invalid and that the officials are colluding. The mining farm operates an extremely large number of ASIC machines day and night, and the residents have complained that the noise is disturbing. The court will make a ruling on whether to suspend the operation before the official vote next week.

BiyaPay Analyst: AI Sparks Global Storm, Bigger Wealth Wave Coming After Bitcoin

On October 31st, during the NVIDIA Fall GTC Conference and the meeting between the Chinese and U.S. presidents, two significant turning points emerged in the global economy. NVIDIA announced its future performance guidelines, anticipating that the annual revenue of the Blackwell Chip would exceed 500 billion U.S. dollars, with a market value approaching 5 trillion U.S. dollars, thereby igniting the entire AI industry chain. Meanwhile, expectations of a relaxation in U.S.-China relations are on the rise. The trade agreement may lead to a reduction in tariffs and an extension of the cooperation period, injecting confidence into the global market. The technological revolution is reshaping the pattern of wealth distribution. However, the hype and speculation in the crypto market are causing people to miss out on the real opportunities of this era. BiyaPay reminds investors that in the new era of AI and globalization, multi-asset investment is the future trend. The platform supports USDT r

Analyst: Bitcoin Enters Institutional Dominated Era, Retail Trading Share Shrinks

On November 1st, CryptoQuant analyst Axel Adler Jr. posted that the proportion of Bitcoin retail transactions (within the $0 - $1000 range) has declined from 1.8% in 2021 to the current 0.48%, suggesting that the dominance of large participants in the overall trading volume is on the rise. As of October 2025, the daily average activity of retail trading has remained steady at $108 million, which is significantly lower than the historical peak of $132 million to $150 million. This may imply a shift in the market structure and a decrease in the speculative activities of small participants. The daily number of transactions in the $0 - $1000 range is approximately 700,000, close to the historical average level. However, the average transaction size has decreased compared to previous cycles, further confirming the more cautious behavior of retail participants. The Bitcoin market is demonstrating significant institutional characteristics. Over the past four years, the proportion of retail

Listed Hong Kong Company HangYue Holdings Increases Holdings of 6.12 Bitcoins

Update, November 1st. A Hong Kong-listed company, Meitu Corporation, acquired 6.12 Bitcoins with 5.242 million Hong Kong dollars, raising its total Bitcoin holdings to 35.6 Bitcoins. Meitu Corporation also intends to launch a prepaid Bitcoin card and expand the prepaid products to selected Asian markets by collaborating with local distributors.

Ansem: Buying ZEC at $432 is like buying Bitcoin at $432

On November 1st, accompanied by ZEC's rise above $430, the crypto KOL Ansem stated, "Purchasing Zcash (ZEC) at a price of $432 is similar to buying Bitcoin at a price of $432."

Bitcoin had an average return of 42.49% in November, while Ethereum had an average return of 7.08%.

On November 1st, according to Coinglass data, since 2013, Bitcoin has had an average November return of +42.49%, and the median November return is +8.81%. In the past 12 years, there have been 8 increases and 4 decreases in November. In addition, since 2016, Ethereum has had an average November return of +7.08%, and the median November return is +3.94%. Over the past 9 years, there have been 5 increases and 4 decreases in November.

Bitcoin's monthly chart for October closed with a 3.69% decrease, marking the third-largest October drop in history.

On November 1st, according to HTX market data, Bitcoin is currently trading at $109,707. The October monthly closing price has seen a 3.69% decline, marking it as the third worst October decline in history (previously in 2014 and 2018). Historically, October is typically one of Bitcoin's best-performing months, with an average October Bitcoin return of +19.92% and a median return of +14.71%. Furthermore, Ethereum is currently priced at $3,841. The October monthly closing price has witnessed a 7.02% decline, marking it as the third worst October performance.

US Treasury Secretary Praises Bitcoin Network's 17 Consecutive Years of Stable Operation

On November 1st, U.S. Treasury Secretary Yellen said, "Seventeen years after the publication of the Bitcoin whitepaper, the Bitcoin network is still operating smoothly and is more resilient than ever. The Bitcoin network has never had any downtime. Perhaps the Democratic Party in the Senate could take something from it."

California Regulator Fines Bitcoin ATM Operator Coinhub $675,000

On November 1st, the regulators in California imposed a fine of $675,000 on Bitcoin ATM operator Coinhub for violating digital asset regulations. This fine comprises a restitution payment of $105,000 to California consumers who were charged excessive fees when using the cryptocurrency ATMs.

Bitcoin Drops Below $109,000

On November 1st, according to HTX market data, Bitcoin dropped below $109,000, with a 24-hour variation of 0.58%.

Steak 'n Shake Announces Strategic Bitcoin Reserve

On November 1st, the US chain fast food brand Steak 'n Shake announced the setting up of a strategic Bitcoin reserve, with all payments made in Bitcoin being held therein. Over the next 12 months, Steak 'n Shake will contribute 210 sats from each Bitcoin meal sale to the Open Sats Initiative, Inc.

Bitcoin Drops Below $110,000

On November 1st, according to HTX market data, Bitcoin dropped below $110,000, showing a 24-hour change of 1.8%.

If Bitcoin rebounds above $112,000, the mainstream CEX cumulative short liquidation pressure will reach $819 million

On October 31st, based on Coinglass data, if Bitcoin rebounds and rises above $112,000, the cumulative short liquidation intensity on mainstream CEXs will reach $819 million. Conversely, if Bitcoin drops below $109,000, the cumulative long liquidation intensity on mainstream CEXs will reach $685 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to adjacent clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the underlying price will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense response due to a liquidity avalanche once it reaches that level.

Bitcoin Price Surges Above $111,000 Briefly

On October 31st, based on HTX market data, Bitcoin briefly climbed above $111,000 and witnessed a 24-hour increase of 2.5%.

Marathon Digital Acquires Exaion, EDF Computing Power Banned for AI and Bitcoin Mining

On October 31st, Marathon Digital acquired Exaion, a subsidiary of EDF. The transaction terms prohibit EDF from using its computing power for AI or Bitcoin mining.

glassnode: Bitcoin Revisits Support Near $10.9K Once Again, Holding Which Typically Triggers a Strong Bounce Back

On October 31, glassnode announced that "BTC has once more tested the 0.85 cost range, which is around $109,000. Historically, this has been a crucial level. Maintaining this level typically leads to a significant rebound. Once it is broken through, the price often continues to test the 0.75 cost range, which is approximately $98,000."

The US Stock Index Futures Rise to Intraday Highs, Bitcoin Breaks $110,000 Again

On October 31st, based on market data, S&P 500 Index futures and Nasdaq 100 Index futures reached intraday peaks. Meanwhile, Bitcoin once more surpassed $110,000 and is currently trading at $110,408.

Bitcoin Withdrawals Slowing Down, CEX Net Inflow of 32.90 BTC in the Last 24 Hours

On October 31st, based on Coinglass data, within the past 24 hours, the total net inflow of BTC on CEX was 32.90 BTC. The top three CEX exchanges in terms of inflow volume are as follows: · Binance: with a net inflow of 372.70 BTC; · OKX: having a net inflow of 177.50 BTC; · Bybit: with a net inflow of 121.21 BTC. In addition, Coinbase Pro witnessed a net outflow of 679.42 BTC, ranking first in the outflow list.

Bitcoin Mining Difficulty Increase by 6.31% to 155.97T, Setting a New All-Time High

On October 31st, based on CloverPool data, the Bitcoin network completed a new round of difficulty adjustment at 18:14:53 on October 29, 2025 (Block Height 921,312). The difficulty value increased by 6.31% to 155.97 T, hitting a new all-time high again. The current average hash rate of the Bitcoin network has risen to 1.13 ZH/s, and the next difficulty adjustment is expected to occur in approximately 12 days.

Michael Saylor: Strategy Not Very Interested in Acquiring Other Bitcoin Treasury Companies

On October 31st, as per a report by Cointelegraph, Michael Saylor, the chairman of Strategy, stated that due to a high degree of uncertainty, the company is not overly interested in acquiring other Bitcoin treasury companies. However, he did not completely rule out this possibility. During Thursday's earnings call for the third quarter of Strategy, Michael Saylor informed investors, "Overall, we do not have any plans to engage in mergers and acquisitions, even if they might appear to be value-enhancing at first glance." He further added, "There is an excessive amount of uncertainty, and such transactions typically take six to nine months or even a year to be completed. What might seem like a good idea initially may no longer be appropriate six months later."

Today in History: Bitcoin Whitepaper Released 17 Years Ago

As of October 31st, it has been 17 years since Satoshi Nakamoto put forward the Bitcoin whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System" on the P2P Foundation website. The Bitcoin network officially started on January 3rd, 2009, and the initial transaction price of Bitcoin was $0.0008. According to HTX market data, the current price of Bitcoin is $109,828, and the total market capitalization is $2.18 trillion.

A certain Bitcoin OG whale deposited 200 BTC to Kraken, approximately $21.94 million

On October 31st, as monitored by Onchain Lens, a particular Bitcoin OG whale once more transferred 200 Bitcoins into Kraken, which is approximately worth $21.94 million. During the past three weeks, this whale has deposited a cumulative total of 6,003 Bitcoins into the exchange, with a combined value of around $672 million.

Bitcoin Surges Above $110,000

On October 31st, according to HTX market data, Bitcoin experienced a rebound and surpassed $110,000. It is currently trading at $110,090, with a 24-hour price change of 0.92%.

Yesterday, the US Bitcoin Spot ETF saw a net outflow of $4.884 billion, while the Ethereum ETF saw a net outflow of $1.842 billion.

On October 31st, as per Farside's monitoring data, yesterday, the net outflow of the US Bitcoin spot ETF was $4.884 billion, and the net outflow of the Ethereum spot ETF was $1.842 billion.

SEGG Media is planning to launch a $300 million digital asset initiative, with initial focus on Bitcoin.

On October 31st, according to cryptobriefing, the U.S.-listed company SEGG Media intends to establish a $3 billion digital asset plan. 80% of the funds will be allocated to a multi-asset crypto reserve. Bitcoin will be the primary investment target for this reserve. In addition, assets like Ethereum, SOL, and ZIGChain (ZIG) will also be included to increase returns through validator operations.

Bitcoin Surges Above $110,000

On October 31st, according to HTX market data, Bitcoin has seen a rebound and broken through the $110,000 mark. It is currently trading at $110,031.

Bitcoin Soars Above $109,000

Update as of October 31st. Based on HTX market data, Bitcoin has seen a rebound and is now trading above $109,000, with the current price at $109,301.

If Bitcoin surpasses $110,000, the mainstream CEX's total short liquidation volume will reach $1.51 billion.

On October 31st, based on Coinglass data, if Bitcoin rises above $110,000, the total liquidation intensity of mainstream CEX short positions will reach $1.51 billion. Conversely, if Bitcoin falls below $106,000, the total liquidation intensity of mainstream CEX long positions will reach $636 million. **BlockBeats Note**: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense response due to a liquidity shock once it reaches that level.

Bitcoin Surges Beyond $108,000

On October 31, based on HTX market data, Bitcoin saw a rebound and surpassed $108,000. It is now trading at $108,224.

Nordic Bank Nordea Allows Customers to Trade Bitcoin-Pegged Synthetic ETP

On October 30th, the Nordic bank Nordea Bank announced that it is going to provide its customers with a Bitcoin-backed Exchange-Traded Product (ETP). Nordea has previously held a cautious attitude towards cryptocurrency and stated that as the regulatory environment for cryptocurrencies in Europe becomes more mature and the demand for virtual currencies and cryptocurrencies in the Nordic region continues to rise, it has made a decision to allow customers to trade cryptocurrency-related products on its platform. Nordea will enable customers to trade a cryptocurrency-related product developed by an external company on its platform. This new product, developed by CoinShares, is scheduled to be launched on the Nordea Bank platform in December 2025.

Bitcoin Reclaims $108,000, Ethereum Surges Above $3,800

On October 30th, according to HTX market data, Bitcoin has climbed above $108,000, and Ethereum has gone up above $3,800.

Bitcoin Drops Below $108,000

On October 30th, according to HTX market data, Bitcoin dropped below $108,000, with a 24-hour decline of 4.76%.

Bitcoin Drops Below $109,000

On October 30th, based on HTX market data, Bitcoin fell below $109,000, experiencing a 24-hour decline of 3.65%.

If Bitcoin rises above $112,000, the mainstream CEX total short liquidation volume will reach $775 million.

On October 30th, based on Coinglass data, if Bitcoin rebounds and goes above $112,000, the cumulative short liquidation intensity on mainstream CEXs will amount to $775 million. Conversely, if Bitcoin drops below $108,000, the cumulative long liquidation intensity on mainstream CEXs will reach $913 million. BlockBeats Note: The liquidation chart does not disclose the precise number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will undergo a more intense reaction due to a liquidity avalanche when it reaches that particular point.

Arthur Hayes Reviews Japan's Economic Policy: Will Drive Bitcoin to 200 Million Yen, Approximately $1.3 Million

On October 30th, Arthur Hayes, a co-founder of BitMEX, stated: The Bank of Japan issued a remarkable statement today. It said, "In view of the escalating domestic political uncertainties and the indication of global economic weakness resulting from the continuous rate cuts by the Federal Reserve, we think it is most appropriate to keep the current policy unchanged in order to further drive inflation (without explicitly stating its measurement) towards our 2% target." In other words, this implies that the price of Bitcoin will reach 200 million yen (approximately $1.3 million).

Bitcoin Dips Below $110,000, 24-hour Loss of 2.7%

Update as of October 30th. According to HTX market data, Bitcoin fell below $110,000, experiencing a 24-hour decline of 2.7%.