‘Insider’ OG Whale Back in Action: 3,003 BTC Transferred Amid Aggressive Shorting

A popular crypto whale “19D5” has significantly increased on-chain activity over the past two ￰0￱ for previously selling a massive portion of her Bitcoin (BTC) holdings to accumulate Ethereum (ETH) earlier this year, the entity has also maintained aggressive short positions on ￰1￱ event has, once again, prompted speculation about potential access to privileged market information due to the timing of these ￰2￱ Spark Speculation In a span of 48 hours, the whale transferred over 3,003 BTC, which is worth approximately $335 million, to Binance, an exchange frequently used for large-scale ￰3￱ addition, 651 BTC were moved to Hyperliquid, where 19D5 continues to hold a short position estimated at $140 ￰4￱ day concluded with a further transfer of 100 BTC to ￰5￱ holding more than 100,000 BTC, the whale now retains roughly 39,000 BTC, which is valued at around $4.25 ￰6￱ noted that the trader’s on-chain movements are both distinctive and substantial, and often influence the short-term market.

“Her on-chain movements are quite unique and often significant enough to influence short-term market dynamics; it is therefore an entity to keep a close eye on.” Another instance indicates near-term bearish sentiment for BTC, which means potential downward movement or profit-taking at current ￰7￱ to Lookonchain, a smart trader identified as wallet 0xdDc7, who boasts an 80% win rate and $8.7 million in total profits, has just opened a major short position on ￰8￱ the past hour, the trader deposited 3 million USDC to the platform and initiated a 40x leveraged short worth approximately $31.8 million, targeting 291 ￰9￱ trader has a proven track record of successful, high-risk trades on Hyperliquid and has completed 20 trades so far with consistently strong results.

A different smart trader, 0xc2a3, who has maintained a 100% win rate, already closed their BTC short position and ended up securing $826,000 ￰10￱ the past 11 days, this trader has earned more than $12 million in total profits. VanEck’s Optimistic Bitcoin Cycle Outlook As short-term sentiment turns bearish, on the macro-level, VanEck’s research team has framed the recent pullback as a natural part of Bitcoin’s broader growth ￰11￱ to VanEck analysts Nathan Frankovitz and Matthew Sigel, the crypto asset’s October decline represents a “liquidity-driven mid-cycle reset” rather than the start of a bear ￰12￱ report found that leverage has normalized, on-chain activity is rising, and Bitcoin remains 14% below its all-time ￰13￱ also highlighted that global M2 growth explains over half of BTC’s price variance, as M2 supply increased by 6.8% since the start of 2025.

Additionally, 73% of Bitcoin’s price variance since October 2020 is tied to changes in futures open interest, while blockchain revenues strongly correlate with token prices.