Bitcoin (BTC) — Onchain News & Whale Tracking

Data: Bitcoin is currently testing the new whale 「cost basis support line」, and its future trend will be crucial

On October 11th, CryptoOnchain disclosed on-chain data suggesting that Bitcoin is currently undergoing a test at a key support level - specifically, the "Cost Price Support Line" of the new whales. This line represents the average holding cost of new large funds that have entered the market. Historical data indicates that whales typically tenaciously defend this cost line to avoid losses. This level has served as a strong demand bottom on multiple occasions in the past (twice since August). The current central suspense in the market is whether whales will once again intervene to support the market. Therefore, the upcoming price movement (that is, the reaction at this key level) is of great importance.

00s Trader 0xRay518 Lays Ambush with Bitcoin in Bottom Position, Holding a Position of Over $60 Million

On October 11th, based on the monitoring data from HyperInsight (accessible via https://t.me/HyperInsight), Gen Z trader Ray (with X: 0xRay518) established a new long position in BTC 7 hours ago at a price of $111,200. Through a scaling-in strategy, he accumulated approximately 548 BTC. The current long position value of this address is approximately $61.81 million. Currently, the account is experiencing a floating loss of $1.56 million. Previous trading records indicate that Ray achieved a profit of $6 million with only a principal of $240,000 within a month, and had a single-day highest profit record of $5.92 million USDC. BlockBeats reminds investors that the recent cryptocurrency market has witnessed a significantly increased level of volatility, and investors need to pay attention to risk management.

If Bitcoin rebounds above $118,000, the cumulative short liquidation pressure on mainstream CEXs will reach $2.078 billion

On October 11th, based on Coinglass data, if Bitcoin rebounds and exceeds $11.8, the total short liquidation intensity of mainstream CEX will reach $2.078 billion. BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price will undergo a more intense reaction due to the liquidity shockwave.

Yesterday, the US Bitcoin Spot ETF saw a net outflow of $4.5 million.

On October 11th, as monitored by Farside Investors, the net outflow from the U.S. Bitcoin spot ETF yesterday was $4.5 million. This included: - BlackRock IBIT: +$74.20 million - Fidelity FBTC: -$10.20 million - Bitwise BITB: -$37.40 million - ARK ARKB: -$6.20 million - Grayscale GBTC: -$19.20 million - Grayscale BTC Mini: -$5.70 million

If Bitcoin rebounds above $118,000, the mainstream CEX's total short liquidation volume will reach $1.5 billion

On October 11th, according to Coinglass data, if Bitcoin rebounds to a level above $118,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.504 billion.
: The liquidation chart does not provide the exact number of contracts awaiting liquidation or the exact value of contracts that have been liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring 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 position. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade after reaching that level.

Bitcoin Surges Above $114,000 Briefly

On October 11th, according to HTX market data, Bitcoin briefly climbed above $114,000, and the 24-hour decline was narrowed to 6.50%.

Bitcoin Short-Term Rally Surges Above $113,000

On October 11th, according to HTX market data, Bitcoin experienced a short-term rebound that exceeded $113,000, and the 24-hour decline was narrowed to 7.24%.

Bitcoin Surges Above $111,000

On October 11th, according to HTX market data, Bitcoin experienced a rebound and surpassed $111,000. The 24-hour price decline narrowed to 8.24%.

Bitcoin Surges Above $109,000

On October 11th, based on HTX market data, Bitcoin rebounded and was above $109,000. The 24-hour decline narrowed to 9.82%.

Bitcoin Drops Below $107,000, 24-hour Loss of 11%

On October 11th, based on HTX market data, Bitcoin dropped below $107,000, experiencing a 24-hour decline of 11%.

Bitcoin Dips to $102,000 in Bearish Trend

On October 11th, based on HTX market data, the price of Bitcoin dropped to $102,000, experiencing a 24-hour decline of 14%.

Bitcoin briefly dropped below $116,000, but has now rebounded above $117,000

On October 11th, based on HTX market data, the cryptocurrency market remains in a downtrend. Bitcoin briefly fell below $116,000 and is now rebounding above $117,000, with a 24-hour loss of 3.35%.

CZ: Being able to early on encounter Bitcoin was a gift of the times, I am very fortunate

On October 11th, CZ stated during a live stream, "Having the opportunity to get early exposure to Bitcoin was a gift of the era. I am extremely fortunate. Blockchain and Bitcoin are the technologies that are going to transform the future. At that time, I was very clear. After comprehending blockchain technology, I had no more uncertainties and was firmly convinced that the crypto industry is the future, and Bitcoin is the future. Bitcoin is the leader, and at that time, there was nothing capable of challenging it. Even now, I don't think any other token can come close to challenging it. At that time, I intended to wholeheartedly dedicate myself, but due to the lack of sufficient cash, I had to go all-in. I resigned from my job in the traditional industry, and many people regarded that as very risky. However, for me, if everything were to become zero, I could still return and find a job at a bank and lead a life. Later, I encountered a stalemate for approximately 18 months, and then the

Bitcoin Falls Below $18,000

On October 11th, according to HTX market data, Bitcoin dropped below $118,000, experiencing a 24-hour decline of 1.64%.

Michael Saylor: Bitcoin Has No Tariffs

On October 11th, the founder of Strategy, Michael Saylor, posted on the X platform and said, "Bitcoin has no tariff."

If Bitcoin drops below $117,000, the mainstream CEX's cumulative long liquidation pressure will reach $5.91 billion

On October 11th, based on Coinglass data, if Bitcoin drops below $117,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $591 million. Conversely, if Bitcoin goes above $120,000, the cumulative intensity of short liquidation on mainstream CEXs will only be $599 million. BlockBeats Note: 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 point. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense response due to a liquidity avalanche.

Bitcoin Drops Below $119,000, Ethereum Falls Below $4,100

On October 10th, according to HTX market data, Bitcoin dropped below $119,000, experiencing a 24-hour decline of 1.68%. Ethereum also fell below $4,100, with a 24-hour decrease of 4.83%.

Bitcoin Ancient Whale Shorting BTC and ETH Currently Holding Over $27 Million in Unrealized Gains

On October 10th, based on LookOnChain's monitoring, with the market declining, the Bitcoin Ancient Whale took short positions in BTC and ETH, holding more than $1.1 billion in short positions. Currently, it has a realized profit of more than $27 million.

Bitcoin Drops Below $120,000

On October 10th, according to HTX market data, Bitcoin dropped below $120,000, with a 24-hour decline of 1.26%.

The UK's largest retail investment platform, Hargreaves Lansdown, has warned its clients to stay away from Bitcoin, stating that it has "no intrinsic value".

October 10th. Hargreaves Lansdown, being the largest retail investment platform in the UK and having around $225 billion in assets under administration, has issued a rather stern warning to its customers: stay clear of Bitcoin. In the notice, it was stated that Bitcoin has "no intrinsic value" and should not be a part of individual savings or retirement plans. Hargreaves Lansdown is the third major financial institution in recent times to caution customers that cryptocurrencies may have no underlying foundation. This follows similar warnings from Deutsche Bank and Elliott Management. In a statement, the company said, "Although Bitcoin has witnessed positive long-term returns, it has experienced multiple extreme losses and is a highly volatile investment - much riskier than stocks or bonds. Hargreaves Lansdown's investment perspective is that Bitcoin is not an asset class, and we do not think that cryptocurrency has the characteristics to be included in a portfolio to generate growth

Bitcoin Ancient Whale Increases Short Positions on BTC and ETH, Total Position Now Exceeds $1.1 Billion

On October 10th, as per the monitoring of LookOnChain, a Bitcoin ancient whale has enhanced its short positions on BTC and ETH, and the total position amounts to more than 1.1 billion US dollars. · It has taken short positions of 6,189 BTC with a 10x leverage, which is approximately 7.529 billion US dollars, and the liquidation price is $130,810. · It has taken short positions of 81,203 ETH with a 12x leverage, which is approximately 3.531 billion US dollars, and the liquidation price is $4,589.3.

High-profile Whale Swaps ETH for BTC, Ancient Whale Increases Bitcoin Short Position to $750 Million, Leveraging Up to 10x

On October 10th, according to the monitoring of HyperInsight (accessible via https://app.hyperliquid.xyz/join/NTOD), the highly prominent whale that shifted from ETH to BTC has enlarged its short position on BTC and raised the leverage from 8x to 10x. Currently, it holds a short position of 6,188.7 BTC, with a current value of $750 million. The current unrealized loss amounts to $3.46 million, and the liquidation price is $130,810.

Bitget has launched a Bitcoin-settled MON perpetual contract, with a leverage range of 1-10x.

On October 10, according to an official statement, Bitget has announced the commencement of a U-based MON perpetual contract, and the leverage range is from 1 to 10x. Users are able to conduct transactions through the official website or the Bitget APP.

Gold Mining Stocks See Epic Rally, Overtake AI and Bitcoin-Related Stocks as Top Gainers

October 10th. This year, the most significant dark horse in the US stock market is not in the AI field nor in Bitcoin-related stocks; instead, it is in the gold mining industry. As the price of gold has surged by 52% since January and recently broken through the $4000 per ounce mark, gold mining stocks have witnessed an epic rally. The S&P Global Gold Index has soared by 129% this year, significantly outperforming the tech and cryptocurrency sectors. Giants such as Newmont and Barrick have seen their stock prices double, making them the biggest winners in the market. The success of gold mining stocks is attributed to the profit leverage effect brought about by the rising gold price. For gold mining companies, with fixed costs remaining unchanged, the additional income from the increase in the gold price can almost be converted into pure profit, resulting in abundant cash flow. However, experienced investors are cautious about a repeat of the 2011 gold bubble and are concerned about is

A certain Bitcoin ancient whale spent 30 million USDT to open a 12x ETH short position, with a position size of 330 million US dollars

On October 10th, based on the monitoring of LookOnChain, a Bitcoin ancient whale has just transferred 30 million USDC into Hyperliquid. It has opened a 12x short position in ETH with a position size of 76,242 ETH (approximately $330 million), and the liquidation price is $4,613.7.

Yesterday, the net inflow of the US Bitcoin ETF was $1.978 billion, while the Ethereum ETF saw a net outflow of $8.7 million.

On October 10th, according to Farside Investors, yesterday the net inflow of the US Bitcoin spot ETF was $197.8 million, while the net outflow of the US Ethereum spot ETF was $8.7 million.

The BTC OG Whale, known for their high-profile ETH to BTC portfolio reallocation, has added to their Bitcoin short position, bringing it to 5000 coins with increased leverage of up to 8x.

On October 10th, as per the monitoring of Onchain Lens, a highly prominent Ethereum whale has augmented its Bitcoin short position and elevated the leverage from 6 times to 8 times. Currently, it is holding a short position of 5000 BTC, which is worth $604 million.

Analysis: High-profile Ethereum Whale Possibly Linked to Bitcoin OG or Trend Research under Huobi-Owned Exchange

October 10th. Based on the analysis of LookOnChain, the high-profile Ethereum whale that recently swapped to Bitcoin may be related to either the Bitcoin OG or Trend Research under the umbrella of Yi Li Hua. The evidence is as follows: Wallet 0x52d3 sent 0.1 ETH to this Bitcoin OG as a gas fee 8 hours ago and then deposited 1.31 million USDC into Trend Research's Binance deposit address. Today's news shows that this Bitcoin OG has increased its short position to 3,600 BTC (4.38 billion USD), and it is currently facing an unrealized loss of 3.66 million USD. The liquidation price is 139,900 USD.

High-Profile Ethereum Whale Adds to Bitcoin Short Position, Now Sitting on $3.66M Unrealized Loss

On October 10th, as monitored by LookOnChain, the previously highly prominent Ethereum whale, Bitcoin OG, has augmented its short position to 3,600 BTC (equivalent to 4.38 billion US dollars), with a current unrealized loss of 3.66 million US dollars. The liquidation price stands at $139,900. Earlier today, around 1 AM, the address deposited 80 million USDC into Hyperliquid and took a short position of 3,477 BTC (4.19 billion US dollars) by leveraging 6 times. The liquidation price in this case is $140,660. Simultaneously, they also deposited 50 million USDC into Binance.

Bitcoin saw a muted rebound this morning, reclaiming the $120,000 key level.

On October 10th, according to HTX market data, Bitcoin briefly dipped below $120,000. Subsequently, it rebounded this morning with shrinking volume and regained the $120,000 level. It is currently trading at $121,470, showing a 24-hour price increase of 0.26%.

「Bitcoin Jesus」 Roger Ver Pays $48 Million Fine to Settle With US Department of Justice

On October 10th, as per The New York Times, "Bitcoin Jesus" Roger Ver has come to an accord with the U.S. Department of Justice. His charges of fraud and tax evasion will be dismissed. In return, he is obligated to pay a fine of $48 million.

Bitcoin Drops Below $120,000

On October 10th, according to HTX market data, Bitcoin dropped below $120,000, with a 24-hour decline of 2.58%.

If Bitcoin drops below $120,000, the mainstream CEX long liquidation pressure will reach $957 million

On October 9th, according to Coinglass data, if Bitcoin drops below $120,000, the cumulative liquidation intensity of mainstream CEXs will reach $957 million. Conversely, if Bitcoin rises above $123,000, the cumulative short liquidation intensity of mainstream CEXs will be $989 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The columns 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 target price will be influenced when it reaches a certain level. A higher "liquidation column" indicates that the price will have a more notable reaction due to a liquidity avalanche when it reaches that point.

Bitcoin Drops Below $121,000

On October 9th, according to HTX market data, Bitcoin fell below $121,000, experiencing a 24-hour decline of 1.11%.

Bitcoin Withdrawal Continues, with a CEX Net Outflow of 14,484.10 BTC in the Last 24 Hours

On October 9th, based on Coinglass data, in the past 24 hours, the total net outflow of BTC from CEXs was 14,484.10 BTC. The top three CEXs in terms of outflow volume are as follows: · Coinbase Pro, with an outflow of 13,410.11 BTC; · Binance, with an outflow of 2,241.58 BTC; · Gate, with an outflow of 261.95 BTC. Moreover, Bybit had an inflow of 843.77 BTC and ranked first in the inflow list.

Bitcoin Drops Below $122,000

On October 9th, based on HTX market data, Bitcoin dropped below $122,000, with a 0.86% decline in the past 24 hours.

Global Public Companies Increase Their Bitcoin Holdings by Over 190,000 BTC in the Third Quarter, Valued at $23.36 Billion

On October 9th, according to Bitcoin News, globally publicly traded companies collectively added 190,611 BTC during the third quarter of 2025, with a value of $23.36 billion.

Bitcoin Surges above $123,000

On October 9th, based on HTX market data, Bitcoin saw a rebound and surged above $123,000, with a 24-hour increase of 0.23%.

The Luxembourg Intergenerational Sovereign Wealth Fund has allocated 1% of its assets to a Bitcoin ETF.

October 9th - The Luxembourg National Inter-Generational Sovereign Wealth Fund (FSIL) made an announcement stating that it has assigned 1% of its holdings to a Bitcoin ETF. This makes it the first national fund within the Eurozone to make an investment in a Bitcoin ETF. According to the revised framework, FSIL is granted the authorization to allocate up to 15% of its assets to alternative investments, which includes cryptocurrency. Luxembourg established the Inter-Generational Sovereign Fund (FSIL) as early as 2014, with the intention of accumulating wealth for future generations. The fund holds $730 million in assets, and the majority of these assets are invested in high-quality bonds.

Bitcoin ETF and Derivatives Exposure Surges by $7.75 Billion in a Single Week, Marking the Largest Weekly Increase Since 2025

On October 9th: Bitcoin ETF and Derivatives Holdings witnessed a surge of more than 63,000 BTC within a week, reaching a total of $7.75 billion, marking the largest weekly increase since 2025.

Bitcoin Mining Firm IREN Announces Completion of $875 Million Convertible Senior Notes Pricing

On October 9th, as per Globenewswire, the Bitcoin mining firm IREN (NASDAQ: IREN) declared the accomplishment of an offering of $875 million in convertible senior notes. The coupon rate is 0.00% and the notes will mature in 2031. They were issued through a private placement to eligible institutional buyers in accordance with Rule 144A of the amended Securities Act of 1933.

Analysis: Bitcoin buying demand has reached 29,670 coins, supporting further price increase

On October 9th, on-chain data analyst Murphy stated that since September 26th, BTC has begun a rebound. This rebound is largely driven by funds in the US region. It is similar to the situation when BTC broke through $100,000 in May this year. At that time, Asian funds started to gradually withdraw while US funds remained strong. US investors are the most important participants and decision-makers in this cycle. US funds have been the core driving force of the market for the most part. However, as the market value of BTC continues to grow, in order to maintain upward momentum, there should be other funding sources joining in. Looking back at historical data, if Asian funds continue to be absent and US funds weaken and exhaust, BTC and other mainstream coins will gradually weaken. Currently, US funds are still showing positive performance. The Spot ETF is one of the key reference factors. With continuous net inflows in the past two weeks, the spot exposure (buying demand) between ETFs a

Bitcoin Ad Makes Front Page of The Times of India

On October 9th, a Bitcoin ad took over the front page of India's largest newspaper, the Times of India.

A new address withdrew 1000 bitcoins from Binance.

On October 9th, as per the monitoring of Onchain Lens, a newly emerged address withdrew 1000 Bitcoins from Binance. The value of these Bitcoins is approximately $121.98 million.

Arthur Hayes New Article: Bitcoin's Four-Year Bull Market Cycle May Have Failed, with USD and RMB Liquidity Becoming Key Variables

On October 9th. The co-founder of BitMEX, Arthur Hayes, released a new article titled "Long Live the King!". In this article, he stated that each peak of the Bitcoin bull market is related to the "price and supply" changes of the US Dollar and the Chinese Yuan. Currently, this cycle is different from the regular four-year pattern in the past. He reviewed three cycles from 2009 to 2021: when the growth of USD/CNY credit slows down or contracts and interest rates rise, Bitcoin reaches its peak and then declines; when the US Dollar undergoes large-scale quantitative easing (QE), helicopter money, or when China experiences strong credit expansion, the price of Bitcoin strengthens. The article indicates that the Federal Reserve's tendency to lower interest rates and expand the money supply is in line with China's signal of ending deflation and moderately increasing credit, which may potentially prolong this current upward trend.

Yesterday's US Bitcoin ETF Net Inflow was $440 million, Ethereum ETF Net Inflow was $69.1 million

On October 9th, as monitored by Farside Investors, the net inflow of the US Bitcoin spot ETF was $440 million yesterday, and IBIT had a net inflow of $426.2 million.
Yesterday, the net inflow of the US Ethereum spot ETF was $69.1 million. BlackRock's ETHA had a net inflow of $1.489 billion.

BlackRock Bitcoin ETF Holdings Exceed 800,000 Coins

On October 9th, based on Trader T's monitoring, the holdings of BlackRock's Bitcoin ETF have exceeded 800,000 coins. This indicates that during its 437 days of existence, IBIT has been purchasing an average of 1,836 bitcoins per day.

Bitcoin Price Drops to $122,000

On October 9th, according to HTX market data, Bitcoin dropped to reach $122,000. It is now trading at $122,072, with a 24-hour decline of 0.04%.

If Bitcoin surpasses $124,000, the mainstream CEX aggregate short liquidation pressure will reach 892 million.

On October 9th, based on Coinglass data, if Bitcoin surmounts $124,000, the cumulative short liquidation intensity of mainstream CEX will reach $892 million. Conversely, if Bitcoin drops below $121,000, the cumulative long liquidation intensity of mainstream CEX will be $829 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of 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 illustrates to what extent the price of the underlying asset will be influenced when it attains a certain level. A higher "liquidation bar" indicates that the price will exhibit a stronger response due to a liquidity avalanche once it reaches that specific point.

Analyst: If the Federal Reserve later signals a clear interest rate cut, Bitcoin may hit a new high in Q4

October 8th: As gold reached a historical high exceeding $4,000 per ounce for the first time, the price of Bitcoin witnessed a slight retreat. This pullback was set off by profit-taking in the crypto market following a rapid 7.7% surge within less than a week, along with significant gains in whale accounts. Additionally, the US Dollar Index has ascended to a two-month high. Nevertheless, institutional interest in Bitcoin remains robust: Last week, the US Bitcoin spot ETF witnessed a net inflow of more than $3 billion, pushing the total net inflow beyond the $60 billion mark, with an extra $2 billion injected this week. Analyst Linh Tran declared, "In the short run, Bitcoin's fundamentals continue to appear favorable, underpinned by expectations of monetary easing, continuous ETF inflows, and persistent safe-haven demand. If the Federal Reserve indicates a more definite commencement of an easing cycle in upcoming meetings, Bitcoin is likely to potentially explore new price domains in t