Bitcoin Up 0.79% on Nov 27 Amid Whale Rebalancing and ETF Inflows

On NOV 27 2025, Bitcoin (BTC) rose 0.79% in the last 24 hours, reaching $91,277.07. Over the past week, BTC climbed 7.62%, though it remains 16.79% below its 30-day peak and 2.54% below its annual high. The recent price action reflects a period of consolidation after a sharp correction and is being supported by shifting whale positioning and inflows into regulated BTC products.

Whale Activity Shows Divergent Strategies in BTC Markets

Recent on-chain data highlights divergent strategies among large Bitcoin holders as market volatility persists. A whale address labeled as a "Pension Fund" opened a 20x BTC short worth approximately $91 million, marking one of Hyperliquid’s largest short positions. This move came after the entity closed both BTC and ETH long positions and now carries an unrealized loss of $1.25 million.

Conversely, another whale — address 0x2c2 — closed a $35.15 million BTC short and flipped to a long position with $36.4 million in notional exposure, earning a $580,000 profit. Meanwhile, 0x50b exited long positions and opened a new short valued at $20.45 million, incurring a $220,000 loss. These actions reflect a broader trend of whale-level repositioning and hedging amid uncertainty.

Bitcoin Spot ETFs See Mixed Flows as Institutional Appetite Fluctuates

The U.S. Bitcoin spot ETF market continued to see mixed flows on Nov 27, with a net inflow of $21.1 million recorded. This followed two consecutive days of positive capital inflows into regulated BTC products. BlackRock’s IBIT led the inflow with $42.8 million, while Grayscale’s FBTC saw a $33.3 million outflow. These flows underscore the ongoing rotation among institutional participants and highlight the influence of platform-specific factors on investor behavior.

Black Friday Campaigns Drive Liquidity and Promotion on BTC Pairs

Several crypto platforms launched promotional campaigns ahead of Black Friday to drive BTC trading volume and user engagement. BTCC reported $22.6 billion in futures trading volume via its Black Friday campaign, which included a high-stakes lucky draw and participation from over 111,000 users. The campaign offered prizes including 0.1 BTC, gold bars, and tech gadgets.

PrimeXBT also launched a 77% discount on BTC trading fees for its futures market, reducing the taker fee from 0.045% to 0.01%. The promotion ran from Nov 27 to Nov 30 and targeted high-activity trading periods. Both initiatives reflect the growing competition among exchanges to attract traders during peak shopping seasons.

Market Sentiment Mixed as Price Consolidates

Bitcoin’s recent price action has been characterized by consolidation following a 36.24% peak-to-trough correction from its October high of $126,199. The MVRV ratio, a key on-chain metric for gauging market sentiment, has dropped to 1.54, signaling reduced leverage across futures and spot markets. Open interest in BTC futures also declined from $37 billion to $29 billion, indicating a reduction in speculative exposure.

Despite mixed sentiment, some analysts have projected a potential rebound toward $100,000 before year-end. BitMine’s Tom Lee, for example, suggested BTC could reach $100,000, while also acknowledging uncertainty around regaining the $125,000 all-time high. Galaxy Digital’s Mike Novogratz has also expressed a bullish stance on the near-term outlook.

Security Concerns Prompt Platform Upgrades

BI DeFi responded to unverified reports of a potential $15 billion Bitcoin security breach by launching an updated yield platform with enhanced security features. The firm emphasized the need for stable, beginner-friendly earning tools during periods of heightened volatility. The upgrade includes automated yield tracking and simplified asset management, aiming to provide users with more predictable returns in a turbulent market.

Conclusion: BTC Navigates Mixed Signals Ahead of Year-End

Bitcoin’s price trajectory on Nov 27 reflects a market in flux, with whale-level repositioning, institutional ETF flows, and promotional campaigns all contributing to BTC’s 0.79% upward move. While short-term uncertainty remains, the broader trend of consolidation and inflows into regulated products suggests that the market is testing support levels ahead of potential year-end direction.