Welcome, dear reader, to the US Crypto News Morning Briefing-a daily dose of market madness, served with a side of existential dread. 🧠💸
Gather your coffee, for the markets are anything but tranquil this week-more chaotic than a parrot in a hurricane. Between shifting whale positions, record Bitcoin sell-offs, and a high-stakes Fed decision, traders are bracing for fireworks as bulls and bears fight for control of the next big crypto move. 🐋💥
Crypto News of the Day: Whales Reshuffle, Holders Dump, and Traders Brace for Powell’s Call
Crypto markets are bracing for turbulence as whales reshuffle positions and long-term holders cash out ahead of a pivotal Federal Reserve meeting. With traders split between risk and restraint, Bitcoin’s next big move may depend as much on Jerome Powell as on whale psychology. 🧠
According to Lookonchain, one whale wallet known for a 100%-win rate closed all 2,186 BTC ($256.56 million) in long positions with only a modest $1.4 million profit. This is a rare sign of caution from a trader typically known for precision timing. 🐋
Another whale, “0x4e8d,” exited $47.68 million worth of longs at a loss, while others like Machi Big Brother doubled down on ETH and HYPE longs. Meanwhile, a familiar short-seller who earned $8.3 million during October’s crash has reopened ETH shorts, suggesting expectations of renewed downside pressure. 📉
The market is down – how’s the bulls vs bears battle playing out?
Long:
• 0xc2a3 (100% win rate) closed all 2,186 $BTC($256.56M) longs with only $1.4M profit. 🐋
• 0x4e8d (69.23% win rate) partially closed 419.48 $BTC($47.68M) longs at a $327K loss.
• Machi Big Brother added…– Lookonchain (@lookonchain) October 29, 2025
At the same time, long-term Bitcoin holders are quietly unloading. According to CryptoQuant analyst JA Maartun, long-term investors have sold 325,600 BTC in the last 30 days, marking the sharpest drawdown since July 2025. 📉
Long-Term Holders have shed 325,600 BTC over the last 30 days 📉
The sharpest monthly drawdown since July ’25.
– Maartunn (@JA_Maartun) October 29, 2025
This wave of profit-taking contrasts sharply with accumulation trends seen among whales, who appear to be buying the dip. 📈
It is a complex moment in which conviction and caution coexist, with some taking profits while others are positioning for a rebound. 🧠
Adding to the uncertainty, Sequan, a corporate entity holding Bitcoin as part of a treasury strategy, dumped 970 BTC ($112 million), its first sale since adopting a Bitcoin Treasury Strategy. 🐋
Meanwhile, a separate whale with a 100%-win rate reportedly closed an ETH 5x long for $1.63 million profit and increased exposure to SOL, betting on a short-term recovery. 📈
JUST IN: 100% win-rate whale closes $ETH 5x long position with $1.63M profit.
The whale also increased $SOL 10x long position and now back on track with 100% win-rate. 🐋
– Whale Insider (@WhaleInsider) October 29, 2025
Analyst Joao Wedson noted that aggregated liquidation levels show a clear split in sentiment. In the short term, many traders are positioned long between $109,000-$105,000, while medium-term shorts around $127,000 remain in profit. 📉
“Today’s drop is to liquidate the impatient ones…but the next big flush will likely target the confident ones,” he wrote on X. 🧠
With the Federal Open Market Committee (FOMC) meeting just hours away, markets expect a 25-basis-point rate cut. Jerome Powell will speak at 2:30 PM ET. 🕒
TODAY: All eyes on the Fed. Markets expect a 25 bps cut, Jerome Powell set to speak at 2:30 PM ET. 🕒
– BeInCrypto (@beincrypto) October 29, 2025
Traders are on edge, torn between anticipating renewed liquidity and fearing hawkish signals that could extend volatility into November. 📉
China Tensions Add to Market Anxiety
Beyond the Fed, geopolitics is also reshaping market sentiment. China purchased 180,000 tons of US soybeans in its first major order in months, a gesture seen as goodwill ahead of President Donald Trump’s highly anticipated meeting with Xi Jinping. 🇨🇳🤝
🚨BREAKING: China buys 180,000 tons of US soybeans in first purchase in months ahead of Trump-Xi meeting.
-Action Speaks Louder Than Words
🤝 93% Chance of US/China deal by Nov 10
-Polymarket– Tim Warren (@TimWarrenTrades) October 29, 2025
The summit comes as Trump signals a potential tariff rollback on Chinese chemical imports tied to fentanyl production. Analysts view the move as a possible breakthrough toward a broader US-China trade deal. 🧠
“I expect to be lowering that because I believe they can help us with the fentanyl situation,” Trump reportedly said aboard Air Force One. 🚁
Even prediction markets are getting creative. One high-rolling trader on Polymarket, who previously made $13 million betting on Trump’s election win, reportedly placed a massive wager on the duration of the Trump-Xi handshake. 🤝
This mega whale won $13M on Trump winning the election and now returned after 12 months of inactivity
He’s now trying to buy 200,000 shares on whether Trump’s and Xi Jinping’s handshake lasts 6-10 seconds.
You cant make it up
not a meme
– Car (@CarOnPolymarket) October 28, 2025
Crypto markets, meanwhile, are holding steady but cautious. Analysts say that confirmation of a trade deal could reignite bullish momentum across Bitcoin, Ethereum, and equities, potentially setting the stage for the next major rally once the dust from the FOMC settles. 📈
Chart of the Day
Byte-Sized Alpha
Crypto Equities Pre-Market Overview
| Company | At the Close of October 28 | Pre-Market Overview |
| Strategy (MSTR) | $284.64 | $285.20 (+0.20%) |
| Coinbase (COIN) | $355.22 | $356.48 (+0.35%) |
| Galaxy Digital Holdings (GLXY) | $37.29 | $37.64 (+0.94%) |
| MARA Holdings (MARA) | $18.18 | $19.00 (+0.74%) |
| Riot Platforms (RIOT) | $21.56 | $21.73 (+0.81%) |
| Core Scientific (CORZ) | $20.09 | $20.41 (+1.59%) |
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2025-10-29 17:54