Bitcoin News Today: Bitcoin Whales Diverge: Risk Aversion vs. Aggressive Longs as Market Navigates Crossroads

Bitcoin's on-chain activity reveals a pivotal shift in whale behavior as the "100% Win Rate Whale," previously unscathed in its trading record, suffered its first loss, while the "1011 Insider Whale" continues to aggressively accumulate long positions. The contrasting strategies highlight growing volatility in the market, with macroeconomic pressures and profit-taking dynamics reshaping capital flows, according to a Coinotag article.

The "100% Win Rate Whale" liquidated all its Bitcoin long positions on November 3, reversing its profit from $33 million to a $17.6 million loss, according to on-chain analytics firm Lookonchain. This marks the first time the whale has closed a position at a deficit since its strategy was publicly tracked. The move coincided with a broader unwind of long exposure in Ethereum and Solana, signaling a cautious shift among large holders amid tightening liquidity conditions. The whale had previously increased its BTC and SOL positions on November 2, holding 1,070 BTC (worth $111 million) and 569,050 SOL (valued at $105 million) at entry prices of $110,114 and $198.22, respectively, as detailed in a TheBlockBeats overview.

In contrast, the "1011 Insider Whale" has intensified its bullish stance. On November 4, the whale deposited 20 million USDC into Hyperliquid to open a 3x leveraged long position in Bitcoin and Ethereum, generating a floating profit of $256,000, according to a Weex report. It currently holds 350 BTC (worth $37.29 million) and 5,000 ETH (valued at $17.98 million), with average entry prices of $106,002 and $3,575. Over the past three weeks, the whale has deposited 6,503 BTC into centralized exchanges, totaling $7.265 billion in value, per a Lookonchain feed. This activity suggests a strategic buildup ahead of potential market consolidation, as noted by analysts in a CoinDesk briefing who highlight historical patterns of two- to four-month pauses following major profit-taking waves.

Market conditions have deteriorated amid renewed tariff tensions and a surge in liquidations. Over $1.2 billion in positions were liquidated in 24 hours, with longs accounting for 90.6% of the losses, according to a ChainCatcher report. The Coinbase premium, a metric reflecting U.S. investor demand, recently turned negative, indicating waning appetite for premium pricing. Meanwhile, Trump's proposed tariffs, including measures targeting Canada, have exacerbated macro risk, further pressuring risk assets.

The divergent whale strategies underscore a market at a crossroads. While the "100% Win Rate Whale's" exit reflects risk aversion, the "1011 Insider Whale's" accumulation hints at opportunistic long-term positioning. Analysts warn that the weekend's information blackout could amplify volatility, with short-covering risks rising if Ethereum breaks $3,833, and as on-chain data becomes increasingly critical, traders are advised to monitor whale footprints and exchange inflows for near-term direction.