Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum Updates: Large Holders Continue to Acquire Ethereum Despite ETF Withdrawals in a Divided Market

Ethereum Updates: Large Holders Continue to Acquire Ethereum Despite ETF Withdrawals in a Divided Market

Bitget-RWA2025/10/27 02:34
By:Bitget-RWA

- Ethereum whales accumulate $32M on OKX, signaling institutional confidence despite $18.8M ETF outflows and mixed investor sentiment. - Ethereum Foundation's $650M wallet migration triggered $700M profit-taking, temporarily pushing price below $3,800 amid market uncertainty. - Bitcoin short-squeeze sees $200M whale position closed for $6.4M profit as ETF outflows persist, highlighting geopolitical volatility's market impact. - Solana whale transfers $93M to Binance, reflecting scalability concerns while E

Ethereum's recent price movement has sparked renewed debate, with traders anticipating a wave of short liquidations if the altcoin climbs above $4,300. A whale's $32 million

purchase on OKX, along with increased corporate treasury investments, has highlighted growing institutional trust in Ethereum, even as ETF withdrawals point to a more cautious market mood, as reported by Yahoo Finance
. At the same time, Ethereum posted a 1.2% daily rise to $3,882, while Ethereum ETFs experienced $18.8 million in net outflows, illustrating a split in investor attitudes, according to crypto.news
.

This whale activity signals a notable change in capital deployment. While

ETFs saw $101.3 million withdrawn on October 22, Ethereum's on-chain data paints a different picture. A newly established wallet acquired $32 million worth of ETH at $3,824, aligning with a broader trend of institutional involvement, Yahoo Finance notes. Bitget Wallet's Jamie Elkaleh remarked that such transactions "enhance liquidity and attract institutional players." In contrast, Ethereum ETFs registered $18.8 million in net redemptions, with Grayscale's and ETH products leading the outflows, according to crypto.news.

Ethereum Updates: Large Holders Continue to Acquire Ethereum Despite ETF Withdrawals in a Divided Market image 0

Large-scale moves by both corporations and whales have further intensified market divisions. The Ethereum Foundation's transfer of $650 million in ETH to a different wallet prompted a $700 million wave of profit-taking, temporarily sending the price below $3,800, FXStreet reports

. Analysts believe traders viewed the Foundation's action as a potential sell-off indicator, even though the organization clarified it was simply a routine wallet update. In a similar vein, a whale moved $93 million to Binance, highlighting declining confidence in the token. Elkaleh suggested this may be due to "concerns about scalability or increased competition," as previously mentioned by Yahoo Finance.

Meanwhile, Bitcoin's market has experienced intense short squeezes. A whale associated with former BitForex CEO Garrett Jin closed a $200 million short position on Bitcoin, earning $6.4 million in gains, Yahoo Finance reports

. This trade, executed as Bitcoin slipped below $109,000, underscores the volatility driven by geopolitical events and speculation linked to Trump. Over the past week, Bitcoin ETFs have seen continuous outflows, with BlackRock's IBIT attracting new funds while Grayscale's GBTC and Fidelity's FBTC faced substantial withdrawals, according to crypto.news.

The risk of widespread short liquidations for Ethereum above $4,300 remains a key area of focus. As Ethereum ETFs struggle to maintain assets and on-chain profit-taking accelerates, the market stands at a pivotal moment. Institutional buying and whale accumulation point to underlying strength, but persistent ETF outflows and global uncertainties may limit further gains, Coinpedia notes

.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Zelle Adopts Stablecoins to Address Challenges in Cross-Border Payments

- Zelle plans to expand international remittances using stablecoins, leveraging its $1T domestic transaction network and 150M users. - Backed by JPMorgan, Bank of America, and Wells Fargo, the move targets speed, cost, and compliance challenges in cross-border payments. - The initiative aligns with U.S. regulatory clarity post-GENIUS Act, positioning stablecoins as a bridge between traditional finance and blockchain. - Challenges include AML/KYC compliance and competition from PayPal, crypto-native stablec

Bitget-RWA2025/10/27 08:28
Zelle Adopts Stablecoins to Address Challenges in Cross-Border Payments

Hyperliquid News Today: DEXs Break $1 Trillion Milestone, Fueling the Rise of Virtuals

- Virtuals Protocol (VIRTUAL) surged in October 2025 amid DeFi growth and rising on-chain derivatives demand, as decentralized perpetual exchanges (DEXs) hit $1T+ monthly trading volume. - Hyperliquid led the rally with $317B traded, while rivals like Aster and Astros expanded DEX infrastructure, pushing DEXs to 26% of crypto-derivatives market share. - Despite security risks (e.g., Bunni DEX’s $8.4M exploit), DeFi resilience persists, with tokens like Pump.fun (PUMP) and Jupiter’s JUP seeing TVL gains and

Bitget-RWA2025/10/27 08:28
Hyperliquid News Today: DEXs Break $1 Trillion Milestone, Fueling the Rise of Virtuals

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

Bitget-RWA2025/10/27 08:14
Bitcoin Updates: Major Whale Makes Bold Long Position Despite Market Uncertainty After Liquidations

Bitcoin Updates: BTC Whale's Bold Short Position—$1 Million at Stake as Collateral, Facing Potential $4 Million Loss

- The "100% Win Rate Whale" added $1M in USDC to its BTC short, raising the liquidation price to $118,409 amid a $4.07M unrealized loss. - A separate whale (0x960) opened $37M in BTC/ETH long positions, highlighting market divergence as others bet on recovery. - Analysts note Trump's trade policies and macro factors will drive BTC's next move, with the $118,409 level critical for the whale's position.

Bitget-RWA2025/10/27 08:14
Bitcoin Updates: BTC Whale's Bold Short Position—$1 Million at Stake as Collateral, Facing Potential $4 Million Loss

Crypto prices

More
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now