Bitcoin News Today: Whale's $55M BTC/ETH Bet Syncs with $62B ETF Inflows in Crypto Surge

A crypto whale known for accurately predicting the October 2025 market downturn has initiated a $55 million long position in Bitcoin (BTC) and Ethereum (ETH), signaling renewed confidence in the digital asset sector amid mixed market signals. The move comes as institutional demand for crypto-backed exchange-traded funds (ETFs) surges, while technical indicators suggest potential short-term volatility for both BTC and ETH.

The whale's strategy aligns with broader market trends, including a 0.58% daily gain in the global crypto market cap, which now exceeds $3.71 trillion, Coinpedia reported. Despite this uptick, the Fear & Greed Index remains at 33, reflecting persistent caution among traders, Coinpedia also noted. Ethereum, in particular, faces a short squeeze risk due to negative funding rates, while Bitcoin's price action near $110,163 suggests a possible breakout amid tightening Bollinger Bands, Coinpedia warned.

Institutional participation has intensified, with spot BTC ETFs recording $202.48 million in net inflows on October 28 alone, CryptoNews reported. Cumulative inflows for BTC ETFs now exceed $62.34 billion, representing 6.88% of Bitcoin's market cap, CryptoNews added. Ethereum ETFs also saw a rebound, with $246.02 million in net inflows, signaling renewed macro optimism, CryptoNews observed.

Michael Saylor's company, Strategy (MSTR), has emerged as a key player in this landscape. The firm added 397 BTC—worth $45.6 million—at an average price of $114,771, bringing its total holdings to 641,205 tokens valued at over $69 billion, CoinDesk reported. This purchase, funded primarily through common stock sales, underscores Strategy's long-term bet on Bitcoin as a corporate treasury asset, CryptoPotato noted. Despite recent share price declines, MSTR reported a $2.8 billion net income in Q3 2025, driven largely by unrealized gains in its Bitcoin portfolio, The Currency Analytics reported.

Technical analysis for Bitcoin highlights critical support and resistance levels. Coinpedia said a break above $110,433 could target the $115,600–$118,000 range, while a drop below $109,208 risks a test of $107,696. Ethereum, meanwhile, faces resistance at $4,101 and $4,265, with a successful breakout expected to drive further gains, Coinpedia added.

Market observers note that November has historically delivered strong Bitcoin returns, averaging a 42.5% gain since 2013, Coinpedia noted. However, the Altcoin Season Index at 32/100 and mixed RSI readings suggest a cautious stance remains warranted, Coinpedia cautioned.

Strategy's strategic accumulation, coupled with institutional ETF inflows, highlights a broader shift in corporate and institutional adoption of crypto. Yet, as the firm's leadership acknowledged, market conditions and Bitcoin's price trajectory will ultimately determine the success of these long-term bets, The Currency Analytics observed.