- Bybit absorbs 50K+ BTC from whales over four days, with 28K+ on Oct 15 alone amid post-crash volatility.
- Three consecutive days of 21K+ inflows signal potential sell-off pressure, echoing $20B liquidation wave.
- Despite bearish on-chain surge, dormant ETF demand and low retail entry hint at rebound potential below $110K.
As Bitcoin navigates post-crash turbulence on October 16, 2025, whale activity is flashing red flags. Trading at around $111,000 after a brutal 12% plunge from last week’s $126,000 all-time high, BTC faces mounting liquidation risks with massive inflows hitting exchanges like Bybit. Analyst @MAarunn’s X post, spotlighting over 50K BTC dumped into Bybit across four days, has ignited debates: Is this profit-taking or a deeper capitulation setup?
CryptoQuant data backs the heat—whale wallets (1,000+ BTC) surged inflows post-October 11 meltdown, coinciding with $20 billion in market-wide liquidations. Breakdown: 14K BTC on Oct 10, 3K on the 12th, 8K the 13th, and a whopping 28K+ on the 15th—three straight days exceeding 21K BTC each. The chart’s red spikes underscore a reversal from summer’s accumulation phase, where outflows dominated amid ETF frenzy.
This isn’t isolated. A 13-year dormant whale stirred on Oct 13, shuttling $33 million to an exchange, while an $11B behemoth offloaded $360M to Hyperunit—hints of rotation or hedging against further downside. Put options demand has spiked too, amplifying bearish bets as BTC tests $110K support. On-chain metrics paint a grim picture: Exchange reserves up 2% week-over-week, RSI oversold at 28, and funding rates flipping negative—classic prelude to squeezes.
Yet, silver linings persist. Record ETF inflows earlier in October absorbed some supply, and global retail FOMO remains dormant, per Glassnode—suggesting untapped upside if whales exhaust. For traders, it’s tactical: Short-term dips to $108K could lure dip-buyers, but sustained inflows above 10K daily scream caution. Long-term? Halving cycles favor bulls, but this whale exodus tests resolve.@MAarunn’s alert isn’t alarmist—it’s a cycle checkpoint. As BTC dominance wanes, alts might steal the show, but first, exchanges must digest this feast. Whales whisper; markets roar. Buckle up—October’s not done biting.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
