BTC whale turns bearish, dumping tokens as price slides under $108,000

BTC once again dipped under $108,000, pressured by liquidations and spot selling. A notorious bearish whale extended the recent sales, in addition to a short position on ￰1￱ dipped again under $108,000, briefly erasing the recovery to the $113,000 ￰2￱ is still fragile, pressured by spot selling and inviting short ￰3￱ same whale that shorted the BTC and ETH market ahead of the October 11 crash is back again with a bearish ￰4￱ the recent market downturn, the whale sold another 5,252 BTC, sending the coins to Binance and ￰5￱ BitcoinOG(1011short) is dumping $BTC ! Since the 1011 market crash, he has deposited 5,252 $BTC ($587.88M) into #Binance , #Coinbase , and #Hyperliquid .

Meanwhile, his $BTC short position on #Hyperliquid has grown to 2,100 $BTC ($227.8M). ￰0￱ ￰6￱ — Lookonchain (@lookonchain) October 22, 2025 The whale is also hedging through Hyperliquid, with a sizeable short ￰7￱ OG whale shorted 2,100 BTC , as the position stayed open for the past ￰8￱ position extended its unrealized loss to $6.87M, currently with a liquidation price of $123,780. OG whale previously sparked corrections for BTC In previous rounds of shorting BTC, the whale closed the shorts before they went into the ￰9￱ whale’s moves have preceded price drops for BTC. Previously, the whale sold 35,000 BTC to swap for ETH and deposit for ￰10￱ October 7, the whale shorted 3,000 BTC, realizing up to $200M from the short ￰11￱ whale that shorted BTC just before the October 10-11 crash is back in the game, sending over 5K BTC to spot exchanges, while shorting the coin on Hyperliquid. |