Bitcoin News Today: Crypto Whales Diverge: Securing Profits vs. Aggressive Longs Amid Volatile Market

The so-called "100% Win Rate Whale" in the cryptocurrency market is facing a dramatic reversal of fortune, with its paper losses expanding to $5.8 million as Bitcoin prices continue to fluctuate. According to on-chain analyst Ai Yi, the whale's opponent recently added 1 million USDC to their short position, pushing the liquidation price for their BTC short to $118,409. This move has exacerbated the unrealized loss, now at $4.07 million, with just $2,400 remaining before liquidation becomes imminent, according to a LookonChain feed.

Meanwhile, another high-profile whale, identified by the address 0xc2a3, has been aggressively building long positions in Bitcoin and Ethereum, amassing a total exposure of $448.8 million. This whale, which claims a 100% win rate since October 14, has realized $12.84 million in profits and currently holds $16.5 million in unrealized gains from positions opened on October 24, according to a Benzinga report. The trader's strategy mirrors that of the "BTC OG" whale, which recently transferred $171 million in profits to Binance, signaling a disciplined exit from the market after capitalizing on recent volatility, according to a Coinotag report.

The contrasting actions of these whales highlight diverging strategies amid a volatile market. While the 0xc2a3 whale continues to bet on further upside, adding to BTC and ETH longs with leverage, others are securing gains. For instance, the BTC OG whale's profit withdrawal underscores a shift toward risk-off behavior, with on-chain data showing its linked addresses have remained inactive since the transfer, according to a second LookonChain feed.

Ethereum's price trajectory has also drawn attention, with spot ETFs recording $246 million in net inflows on October 28, reflecting renewed institutional interest, according to Crypto.News. Analysts note that ETH's ability to defend the $3,900 support level could set the stage for a potential breakout toward $4,800–$4,900 if resistance at $4,300 is overcome. This aligns with broader whale activity, including a trader holding 40,044 ETH in long positions valued at $167.35 million, according to a BeinCrypto report.

The market's mixed signals—aggressive longs by some whales versus profit-taking by others—underscore the uncertainty ahead of the Federal Reserve's rate decision. While the "100% Win Rate" narrative persists for certain actors, the expanding losses of the BTC short position serve as a stark reminder of the risks inherent in leveraged trading.