Key Takeaways (If You Can Call This a “Takeaway”)
Why’s Bitcoin Sweating Like a Sinner in Church? 🥵💸
Bitcoin’s Illiquid Supply-the crypto equivalent of grandma’s untouched cookie jar-lost ~62,000 BTC in October. Turns out, even hodlers need to liquidate their life savings sometimes.
Whales Gobbling Up BTC Like It’s Black Friday 🐋💸
Despite the chaos, crypto whales quietly stuffed 16,300 BTC into their wallets. Because nothing says “bargain hunting” like buying a dip that hasn’t technically happened yet. 🤷♂️
Bitcoin [BTC] loitered around $111,000 like a teenager avoiding chores. Sure, it “closed above” the mark-thrilling-but selling pressure’s cramping its style. Romantic, right?
Markets are thrilled about rising supply and vanishing demand! Said no one ever. 🙄 Sentiment’s dumber than a bag of crypto Twitter bots.
Illiquid Supply: Bitcoin’s Exorcist Called-It’s Not Possessed Anymore 🧐
Illiquid Bitcoin-the kind that’s been napping in wallets since the Obama era-suddenly woke up. Mid-October saw 62,000 BTC (worth $6.8B) re-enter circulation. Spoiler: This rarely ends well. 😬
On October 23rd, the metric nosedived from 14.38M to 14.303M BTC. Historically, this is when the price says “hold my beer” and tanks. See: January 2024’s 400,000 BTC “surprise party.” 🎉➡️📉
Mid-Size Wallets: The Cryptoverse’s Annoying Backseat Drivers 🚗
Turns out, wallets holding 0.1-100 BTC ($10K-$7M) are the Karen’s of crypto: loud, pushy, and always selling. 🗣️💸 This “sell, sell, sell” crowd’s been at it for months.
New buyers? MIA. First-time supply shrank to 213,000 BTC. Momentum buyers? Bailed faster than you’d ditch a Tesla in a hurricane. 🏃♂️💨
Whales: The Last Hope or Just Bad Gamblers? 🐟🃏
Whales added 16,300 BTC last month. Congrats! But let’s not get too excited-they’re still holding less than the BTC that just “escaped” from illiquid wallets. 🤨
TL;DR: Sellers are winning. Whales are buying popcorn. And Bitcoin? It’s stuck in a staring contest with $111,000. Let the games begin! 🎮💥
Read More
- BTC PREDICTION. BTC cryptocurrency
- XRP PREDICTION. XRP cryptocurrency
- FLR PREDICTION. FLR cryptocurrency
- PENGU PREDICTION. PENGU cryptocurrency
- GBP CAD PREDICTION
- NEXO PREDICTION. NEXO cryptocurrency
- Gold Rate Forecast
- Brent Oil Forecast
- LSETH PREDICTION. LSETH cryptocurrency
- USD KZT PREDICTION
2025-10-26 17:16