Key Highlights: Algorithmic trading firm Wintermute warns that repeated tests of $80,000 have turned the price level into a pivotal threshold for Bitcoin. Losing the $80,000 support could expose Bitcoin to downside targets at $76,000 and potentially the $70,000 zone. Upcoming macroeconomic events—notably the Federal Reserve’s rate decision on October 28 and PCE inflation figures ...
Key Highlights: Crypto wallets linked to Arthur Hayes transferred millions of dollars in digital assets, including ETH, ENA, UNI, ZAMA, ETHFI, PENDLE, and AERO, to major exchanges and trading counterparties. Counterparties receiving the assets included Binance, Wintermute, FalconX, Galaxy Digital, and an address linked to Flowdesk, with Wintermute returning over 2.42 million USDC. Arthur Hayes ...
Key Highlights: Forty newly created cryptocurrency wallets withdrew 9,458 BTC—valued at roughly $771.5 million—from Wintermute since October 1. Bitcoin spot exchange netflows reached -$465.55 million on October 22, driving total USD-denominated exchange reserves down 1.35% to $226.33 billion. Technical indicators point toward upside momentum as BTC defended the $81,000 demand zone, supported by a bullish ...
Key Highlights: Large crypto investors deployed substantial capital within a 24-hour window, including one whale who acquired roughly $7.22 million across Ethereum and eight selected altcoins. Major Ethereum holders orchestrated large-scale exchange withdrawals, transferring tens of millions of dollars in ETH from Binance and Kraken for staking and decentralized lending. Institutional or high-net-worth flows extended ...
Key Highlights Bitcoin trading volumes remain low even as whales continue accumulating the cryptocurrency. Recent whale transfers could increase market volatility as traders respond to substantial movements. The next few weeks may indicate whether whale accumulation supports a sustained rise in Bitcoin or reflects a short-term strategy by large holders. Bitcoin Whale Accumulation Amid Low ...
Key Highlights: Crypto market maker Wintermute warns that a confirmed break below Bitcoin’s $82,500 support could open a path toward $70,000, while a breakout above $87,000 would signal a broader uptrend. Wintermute identifies the upcoming FOMC meeting, midterm elections, and Q3 corporate earnings reports as potential catalysts that could push Bitcoin out of its current ...
Key Highlights: Bitcoin has risen over the past month while gold has declined, despite their 90-day correlation approaching a record high. Coinbase Institutional said marginal investment demand is favoring Bitcoin even as interest rates remain elevated. Wintermute identified $82,500 as Bitcoin’s critical level this week after the cryptocurrency closed above its 50-week moving average for ...
Key Highlights The Commodity Futures Trading Commission is reviewing unusual trading patterns on Kalshi involving nearly one million ether perpetual futures trades clustered around $5,500, representing over $5 billion in volume. Kalshi denies wash trading allegations, attributing the pattern to market makers maintaining fixed resting orders and hundreds of distinct traders participating in the transactions. ...
Ethereum Price Volatility Intensifies as Wintermute Moves $160M ETH to Exchanges Ethereum ($ETH) experienced sharp volatility after briefly reclaiming the $2,500 level and climbing toward $2,600 before pulling back toward $2,400. At press time, the asset traded near $2,524, reflecting a 2.26% daily gain and a 2% weekly increase. The pullback coincided with significant large-holder ...
$LAPTOP, a memecoin associated with Hunter Biden, captured cryptocurrency market attention following a dramatic price collapse and significant on-chain sell-off immediately after its launch. Blockchain data reveals that market maker Wintermute has begun liquidating a portion of the $LAPTOKEN tokens allocated to it, while the token’s fully diluted valuation (FDV) has plummeted by more than ...
While most investors remain fixated on the U.S. Federal Reserve’s hawkish stance and count equity-market losses, institutional capital is quietly rotating into cryptocurrency. A new report from market maker Wintermute warns that traders waiting for a deeper pullback after Bitcoin’s recent breakout may miss the start of a fresh bull cycle entirely. The firm’s analysts ...
Bitcoin rose above $81,000 last week before falling back to approximately $78,000 after Federal Reserve Chairman Kevin Warsh delivered a hawkish speech in Jackson Hole….