Bitcoin Whales Return: $110K Gap Unfilled, Traders Go HAM! 🐳📈💥

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Key points:

  • Bitcoin futures traders are acting like they’ve never seen a bear market-because they’ve all retired to the Bahamas. 🏖️

  • The $110,000 “gap” is still there, like a stubborn zit on the face of the market. No one knows why, but it’s *definitely* a mystery. 🔍

  • Bitcoin ETF options? Oh, they’re hot! Hotter than a crypto bro’s laptop during a mining spree. 🔥

Bitcoin (BTC) derivatives traders are flipping “aggressively long,” which just means they’re buying so hard, the blockchain is like, “Are you sure? I’m not a therapist.” 😅

In a new analysis released on X Friday, J. A. Maartunn, a CryptoQuant contributor, revealed that October is the month of the *overconfident futurist*. Net buy volume? $1.8 billion. Net sell volume? Who cares? It’s 2025, we’re all rich! 💸

Bitcoin Futures Buy Volume Surges… Because Why Not?

Bitcoin futures markets are undergoing a transformation in sentiment. Translation: People are buying like it’s Black Friday at the crypto mall. 🛍️

Maartunn’s chart shows Binance users buying so aggressively, even the whales are like, “Dude, slow down, I need to breathe!” 🐟

CryptoQuant CEO Ki Young Ju noted that Bitcoin’s local highs are being chased by derivative-market whales. “A clear sign of aggressive long positioning,” said Maartunn. Or, as we call it: “I saw this on a meme and immediately sent all my savings.” 🚀

Just days ago, the CME Group’s $110,000 “gap” was the talk of the town. Sellers tried to fill it, but the market was like, “Nope, not today.” 🚫

CME plans to make Bitcoin futures trade 24/7, which is great if you’re a night owl. Bad if you’re a normal human who needs sleep. 🌙

Bloomberg Analyst: ETFs Are “No Joke” (But We Knew That)

US spot Bitcoin ETFs raked in $600 million in a single day. That’s enough to buy Elon a new spaceship. 🚀

BlackRock’s IBIT is now the talk of the town, with options open interest hitting $38 billion. James Check, a data wizard, said, “IBIT options are the biggest shift since the moon landing.” 🌕

“Not only did IBIT surpass Deribit, but Options are now larger then futures by open interest.”

Epic Balchunas (yes, that’s his real name) confirmed ETFs are “no joke.” Which is code for: “I’m rich, and you’re not.” 💼

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2025-10-03 13:51