A spot of news from Lookonchain, that clever on-chain data aggregation platform, confirms the ruckus was kicked off by some jolly large sell-offs. It seems the big fish-or should I say, whales-have been shifting their considerable stacks of Bitcoin into exchanges, cashing in their chips like it’s a high-stakes game of bridge. 🏦🐳
So, what’s the tea? 🍵 Cactus Custody is bringing its Off-Exchange Settlement (OES) solution, aka Cactus Oasis, to KuCoin’s platform. Fancy, right? This means institutional bigwigs can trade on KuCoin’s spot, margin, options, and perpetual futures markets without pre-funding their wallets. Basically, your assets stay snug in Cactus Custody’s regulated vault until the deal’s done. No more leaving your purse unattended at the bar! 🕶️
Yet, amidst this financial Siberia, a handful of crypto whales-those leviathans of the digital deep-have chosen to swim against the crimson tide. With a defiance that borders on madness, they open new long positions, as if whispering to the market, “You shall not break us.” 🦈✊
Apparently, some fancy deployer called tradexyz dropped 500 HYPE (aka $18,976, which is like, a year’s worth of Pinot Grigio 🍷) to secure the $COIN ticker. All this drama unfolded via a HIP-3 deployment bid, because nothing says “crypto” like a Dutch Auction and a side of jargon. 🏛️💰
Momentum indicators are softer than a wet noodle, and short-term sellers are circling like vultures. Unless a magical reversal unicorn 🦄 gallops in, the path of least resistance is downhill-faster than a troll on a sled.
According to a piece of parchment filed with the SEC, this band of financial pioneers closed the book on Valaris entirely. Their 2.8% stake-once a proud feather in their cap-vanished quicker than a coon dog’s shadow at noon. The balance sheet now bears fresh ink for the period ending September 30, a date that’ll likely be remembered in their office as “the day we stopped whistlin’ past the graveyard.”
Now, all eyes are glued to the $98,000 support level. Will it hold? Will Bitcoin bounce, or will it just sink into a deeper hole like a sinking ship? Only time will tell, but a big ol’ “BOOM” at this level could give BTC the boost it needs to avoid tumbling toward the mid-$90,000 range. 💥
The ETF landscape did some weird flips this week, like a gymnastics routine in a circus.
//media.crypto.news/2025/11/ZKUSDT_2025-11-05_11-58-23.webp”/>
Malgré son exposition massive au Bitcoin , Woo argue que la structure financière de la firme rend une vente forcée hautement improbable-même dans un marché profondément baissier. 🤯
