{"id":106701,"date":"2025-10-22T08:58:37","date_gmt":"2025-10-22T08:58:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=106701"},"modified":"2025-10-22T08:58:37","modified_gmt":"2025-10-22T08:58:37","slug":"why-is-bitcoin-dropping-billionaire-crypto-whale-places-quarter-billion-dollar-bitcoin-bet-is-the-top-in-for-btc-usd","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=106701","title":{"rendered":"Why is Bitcoin Dropping? Billionaire Crypto Whale Places Quarter-Billion Dollar Bitcoin Bet (Is The Top In For BTC USD?)"},"content":{"rendered":"<p>Why is Bitcoin dropping? The mysterious $11 Bn <\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">BTC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$108,309.05<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">1.52%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">BTC<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$108,309.05<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">1.52% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$105.33B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" class=\"cwp-coin-custom-link\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t whale is back and this time, he\u2019s doubling down on another massive short.<\/p>\n<p>Blockchain data\u00a0<span>indicate that the trader opened a\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">$235M leveraged short <\/a>position <\/span>on BTC earlier this week, signaling that big money may be hedging for another leg lower amid tariff fears and the ongoing <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">US government shutdown<\/a>.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Why is Bitcoin Dropping? Whale Reenters With $235 Million Short Bet<\/h2>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>According to Hypurrscan, the position was entered when Bitcoin was trading near $111,190, using 10x leverage, which would effectively print billions if BTC USD price continues to crash. The short is currently in the profit as BTC trades around $108,000.<\/p>\n<p>\u201cThe whale who made $200M shorting the Bitcoin crash to $100K has now moved $30M to Hyperliquid and is shorting AGAIN,\u201d wrote Arkham Intelligence in a post on X.<\/p>\n<p>BREAKING: The insider Bitcoin whale who profited from last week\u2019s crash, currently short $235M with 10x leverage. <a href=\"https:\/\/t.co\/xX8gADLB5j\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/xX8gADLB5j<\/a><\/p>\n<p>\u2014 Jacob King (@JacobKinge) <a href=\"https:\/\/twitter.com\/JacobKinge\/status\/1980751166322380860?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 21, 2025<\/a><\/p>\n\n<p>Just a week ago, the same wallet reportedly booked over $200 Mn in profit after accurately timing Bitcoin\u2019s sharp drop to $100,000. It appears that he might be right again, with BTC stuck in what feels like a perpetual cycle of decline.<\/p>\n<p><strong><span>DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>Whale Movements Signal Institutional-Level Strategy Underpinning BTC Mega Short<\/h2>\n<p>The investor, who first emerged in September, made headlines after rotating roughly $5Bn worth of BTC into<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"> Ethereum (ETH)<\/a><span>. This move<\/span>\u00a0briefly made the Whale one of the largest non-corporate ETH holders, surpassing even Sharplink\u2019s treasury exposure.<\/p>\n<p>Meanwhile, newer Bitcoin whales aren\u2019t faring as well. According to <a class=\"general-link\" href=\"https:\/\/cryptoquant.com\/asset\/btc\/chart\/exchange-flows\" target=\"_blank\" rel=\"noopener\">CryptoQuant<\/a>, these large investors now face $6.95 Bn in unrealized losses after Bitcoin slipped below its average cost basis of $113,000.<\/p>\n<p>\u201cBitcoin is trading below its average cost basis, leaving whales with the largest unrealized loss since October 2023,\u201d CryptoQuant wrote on X.<\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/cryptoquant.com\/asset\/btc\/chart\/exchange-flows\" target=\"_blank\" rel=\"noopener\">CryptoQuant<\/a>)<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/studio.glassnode.com\/charts\/transactions.TransfersVolumeSthToExchangesLossSum?a=BTC\" target=\"_blank\" rel=\"noopener\">Glassnode data<\/a> reinforces that picture, showing that short-term holder supply, typically more speculative, has increased, indicating that traders are re-leveraging after a cleanup of overextended long positions.<\/p>\n<h2>Chart Check: Volatility or the Start of Something Bigger?<\/h2>\n<p>99Bitcoins analysts say the latest turbulence looks less like panic and more like a purge. We\u2019re shaking off excess leverage but there\u2019s also no gurantee we breakout of this mess. Bitcoin\u2019s next test sits around $112,000, where liquidation clusters could spark violent intraday swings.<\/p>\n<p>If the move fails, support lines up near $108,000 and $104,000, backed by the 200-day moving average, according to TradingView.<\/p>\n<p>Whether this whale is early, lucky, or prescient, his trades have become a proxy for sentiment among high-cap investors.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/now-that-the-bull-run-is-dead-will-powell-do-further-rate-cuts-end-of-fed-tightening-near-as-job-market-softens\/\" target=\"_blank\" rel=\"noopener\">Now That the Bull Run is Dead, Will Powell Do Further Rate Cuts?<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>        Why is Bitcoin dropping? The mysterious $11 Bn Bitcoin whale is back and this time, he\u2019s doubling down on another massive short.    <\/p>\n<p>         If the move fails, support lines up near $108,000 and $104,000, backed by the 200-day moving average, according to TradingView.    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/why-is-bitcoin-dropping-billionaire-crypto-whale-places-quarter-billion-dollar-bitcoin-bet-is-the-top-in-for-btc-usd\/\">Why is Bitcoin Dropping? Billionaire Crypto Whale Places Quarter-Billion Dollar Bitcoin Bet (Is The Top In For BTC USD?)<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Why is Bitcoin dropping? The mysterious $11 Bn Bitcoin BTC $108,309.05 1.52% Bitcoin BTC Price $108,309.05 1.52% \/24h Volume in 24h $105.33B &lt;!&#8211; ? &#8211;&gt; Price 7d Learn more whale is back and this time, he\u2019s doubling down on another massive short. Blockchain data\u00a0indicate that the trader opened a\u00a0$235M leveraged short position on BTC earlier [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-106701","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106701"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=106701"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106701\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}