Bitcoin price still struggling despite increased buying by whales
2026-10-25 16:48:14
CoinMeta data: The price of Bitcoin rebounded to $80,600 on October 25th, after falling below $80,000 during the weekend sales, which led to a large number of liquidations in the crypto market. According to market data, the trading price of BTC is around $80,620, with a daily trading volume of about $20 billion. Despite the price rebound, buyers have still struggled to regain the levels lost in the past few days. On October 24th, the price of Bitcoin fell below $80,000 again, resulting in forced liquidations of leveraged trading positions. CoinMeta data: In the past 24 hours, the total amount of liquidations in the crypto market was approximately $546.88 million, affecting 116,300 traders. The largest single liquidation was a $11.85 million ETH-USDT position on Binance. Despite the recent selling pressure, CryptoQuant analyst CW8900 reported that the Bitcoin holdings of large investors have improved, with the annual change in whale holdings recovering from around -282,000 BTC to -39,000 BTC.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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