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Bitcoin Records Over $300B Spot Volume In October – Investors Shift Away From Leverage

Bitcoin (BTC) has seen heightened volatility following the US Federal Reserve’s decision to cut interest rates by 25 basis points and announce the official end of quantitative tightening (QT) by December 1st. The move marks a pivotal shift in US monetary policy as the central bank signals the beginning of a more supportive liquidity cycle after months of restrictive financial conditions. Traders reacted sharply across risk assets, with Bitcoin initially spiking before retracing as markets reassessed the implications of renewed liquidity and shifting economic expectations.

Meanwhile, fresh data from CryptoQuant highlights a powerful underlying trend in the Bitcoin market. October has witnessed a meaningful surge in spot trading activity, particularly on Binance, where participation has climbed sharply. Across major centralized exchanges, Bitcoin spot volume surpassed $300 billion this month, with Binance alone accounting for $174 billion. This makes October the second-highest spot volume month of the year, underscoring renewed trader confidence and a shift toward direct Bitcoin exposure rather than leveraged speculation.

This strengthening in spot market flows signals improving market structure and growing conviction among participants. With liquidity expected to increase heading into year-end, investors are positioning for what could be the next major phase in Bitcoin’s macro-driven cycle.

Bitcoin Spot Market Strength Signals Healthier Market Structure

According to top analyst Darkfost, the recent surge in Bitcoin spot volume underscores a growing wave of participation from both retail traders and institutional players, who have become increasingly active outside leveraged markets. This shift is most visible on Binance, which continues to dominate spot trading across centralized exchanges. Its deep liquidity, global retail base, and institutional pipelines remain unmatched, reinforcing its position as the primary venue for real Bitcoin demand.

Bitcoin Spot Trading Volume | Source: CryptoQuant

One key catalyst behind this pivot toward spot exposure was the historic liquidation event on October 10th—the largest in crypto history. The magnitude of that wipeout forced many traders to reassess risk. It became a clear reminder that excessive leverage can amplify losses far more quickly than it generates gains, especially in a market as volatile and structurally reflexive as Bitcoin. In response, market participants appear to have shifted toward a more conservative posture. Choosing to accumulate BTC directly rather than chase high-leverage positions.

This trend is meaningful for Bitcoin’s long-term trajectory. A market driven primarily by spot flows instead of derivatives tends to be more stable, more sustainable, and less prone to sudden liquidation cascades. Elevated spot participation also signals genuine organic demand, rather than speculative interest reliant on borrowed capital. Historically, periods where spot volume leads have aligned with structural accumulation phases and strengthened market bottoms. This could be laying the foundation for durable bull cycles.

If this rotation continues, Bitcoin may be entering a phase defined by healthier price discovery and stronger investor conviction. Supported by growing liquidity and improved market resilience. An encouraging backdrop as the macro environment shifts in favor of risk assets.

Bitcoin Price Pulls Back Toward Key Support Zone

Bitcoin (BTC) is trading near $110,800 after facing firm rejection at the $117,500 resistance level earlier this week. The 4-hour chart shows BTC rolling over from this supply zone and dropping below the 50-period moving average. Signaling weakening short-term momentum. Price is now testing a critical support range between $110,000 and $111,000, which previously acted as a key demand zone in mid-October.

BTC consolidates around $110K level | Source: BTCUSDT chart on TradingView

Below current levels, the 100-period (green) and 200-period (red) moving averages sit around $109,500–$108,500, forming a critical confluence of support. If Bitcoin can hold this region, it may reset and attempt another push higher once market volatility settles post-Fed. A decisive break below $108,000 would likely expose BTC to deeper downside. Opening the door to a move toward $105,000 or even $102,500.

On the upside, bulls must reclaim the $113,500–$114,500 area to regain traction. A sustained move above this zone would put $117,500 back into focus. With a breakout, there is potential to fuel continuation toward the $120,000–$123,000 range.

Featured image from ChatGPT, chart from TradingView.com

Ethereum ICO Whale Awakens After 8 Years – 1,500 ETH Sent to Kraken After 8 Years

Ethereum (ETH) is struggling to reclaim higher levels as the broader crypto market consolidates following the recent crash. Despite short-term weakness, several analysts suggest that ETH may be entering a bullish accumulation phase, with price action stabilizing around the key $4,000 level—a zone that has historically served as both strong resistance and support. The asset’s resilience amid market uncertainty reflects growing confidence in Ethereum’s long-term fundamentals and network activity.

Adding to the intrigue, on-chain data from Lookonchain revealed that an Ethereum ICO participant has re-emerged after nearly eight years of dormancy, transferring 1,500 ETH—worth approximately $6 million—to Kraken for the first time. This wallet originally received 20,000 ETH during Ethereum’s 2015 genesis sale, purchased for roughly $6,200, which would now be valued at more than $80 million.

Such rare movements from early holders often capture the market’s attention, as they can signal renewed engagement or strategic repositioning. While Ethereum’s price remains in a consolidation phase, the network’s long-term value narrative—driven by layer-2 scaling, staking growth, and DeFi activity—continues to strengthen. If the current range holds, ETH could be positioning for a recovery as market confidence rebuilds.

Dormant Ethereum Whale Awakens After 8 Years

According to a recent report by Lookonchain, an early Ethereum participant—identified as wallet 0x3690—has resurfaced after nearly eight years of inactivity, sparking renewed discussions across the crypto community. This address was one of the original Ethereum ICO wallets, receiving 20,000 ETH at genesis in 2015 for a total investment of just $6,200. At current prices, that stash would be worth roughly $80.42 million, representing an extraordinary 12,971x return.

Ethereum ICO Whale holding 20,000 ETH | Source: Lookonchain

On October 27, 2025, the wallet sent 1,500 ETH (around $6 million) to Kraken, marking its first-ever on-chain movement since Ethereum’s launch. Such activity from early holders often raises questions about investor sentiment and potential market shifts—especially as the broader crypto market remains in a fragile consolidation phase.

While the transfer does not necessarily signal an immediate sell-off, it underscores how long-term participants are beginning to reposition as Ethereum hovers near the $4,000 level. Analysts suggest that the coming weeks will be decisive for the market, as both Bitcoin and Ethereum approach critical technical and psychological thresholds ahead of the US Federal Reserve’s next policy decisions.

If Ethereum manages to hold its current range and sustain network engagement, it could confirm the start of a new bullish accumulation phase. Conversely, a breakdown below support might extend the correction before a stronger rebound forms later in the quarter. In either case, this event serves as a reminder of Ethereum’s resilience—and how early conviction in the network’s vision has yielded historic returns for those who held through multiple cycles. The market now watches closely to see whether this renewed on-chain activity signals a turning point or a moment of reflection before the next major move.

Ethereum Struggles To Break $4,200 As Consolidation Tightens Around Key Support

Ethereum (ETH) is trading near $3,993, attempting to regain strength after weeks of sideways action. The chart shows ETH struggling to break above the $4,200 resistance, a level that has repeatedly rejected price advances since early October. The 50-day moving average (blue) currently aligns with this resistance, reinforcing it as a critical barrier that bulls must clear to confirm a short-term reversal.

ETH consolidates around key level | Source: ETHUSDT chart on TradingView

Below, the 100-day (green) and 200-day (red) moving averages provide solid structural support near $3,800 and $3,300, respectively. The convergence of these levels suggests that Ethereum remains in a broad consolidation range, with limited momentum on either side as the market digests recent volatility.

A decisive close above $4,200 could open the path toward $4,500–$4,700, where liquidity from previous highs remains. Conversely, a breakdown below $3,800 would expose ETH to deeper retracements toward the $3,500 zone, where buyers previously stepped in during September’s correction.

Market sentiment appears cautious but not bearish. Ethereum’s ability to hold near the $4,000 psychological level despite the broader market slowdown indicates resilience. As macro uncertainty persists, ETH’s next move will likely depend on whether buying pressure strengthens ahead of the Federal Reserve’s policy update this week.

Featured image from ChatGPT, chart from TradingView.com

Tron Shows Bullish Divergence As Active Addresses Surge To 6.2M – Network Demand Explodes

Tron (TRX) is consolidating this week as the broader crypto market braces for the upcoming US Federal Reserve decision on interest rates and quantitative tightening (QT). Investors are treading carefully, with uncertainty surrounding whether the Fed will maintain its restrictive stance or pivot toward easing—an outcome that could shift liquidity flows across digital assets. Despite the cautious market mood, on-chain data from CryptoQuant highlights a powerful surge in Tron’s network activity that stands out from the rest of the market.

On October 27, 2025, Tron flagged one of its most significant on-chain events to date. The number of daily active addresses skyrocketed from a steady baseline of roughly 3.5 million to an astonishing 6.23 million, marking the second-highest activity ever recorded in the network’s history. This massive uptick underscores a sharp increase in network demand and utility, suggesting that users are actively engaging with decentralized applications and stablecoin transfers within the Tron ecosystem.

While price action remains in a consolidation phase, this sudden burst in on-chain participation paints a different picture—a growing fundamental strength that could position Tron as one of the few networks expanding its real-world activity amid macroeconomic uncertainty.

Fundamentals Show Strength As Tron Price Corrects

According to a recent CryptoOnchain report published on CryptoQuant, Tron’s latest on-chain surge reveals an intriguing dynamic between network activity and market price. What makes this event particularly compelling is the clear bullish divergence it forms. While Tron’s fundamentals are strengthening, its price has been steadily declining—a pattern that often precedes a reversal.

Tron Active Addresses | Source: CryptoQuant

Specifically, the number of daily active addresses jumped from 3.5 million to 6.23 million on October 27, 2025, marking one of the network’s most active days ever. Meanwhile, TRX has been in a soft downtrend since August, slipping from a high near $0.36 to roughly $0.29. This divergence—rising on-chain engagement amid falling prices—suggests that market participants are underpricing Tron’s growing real-world utility.

Historically, such divergences between on-chain strength and price weakness have often acted as leading indicators for trend shifts. In Tron’s case, the data implies that network demand and user adoption are increasing faster than market sentiment reflects.

Analysts point to several possible catalysts behind this activity, including new decentralized application (dApp) launches, higher stablecoin transaction volumes, and effective user acquisition campaigns across the ecosystem.

The key factor now is sustainability. If this elevated level of activity holds through the coming weeks, it would confirm that Tron’s network growth is structural rather than temporary. Such validation could lay the groundwork for a significant bullish reversal, especially if macro conditions—like the Federal Reserve’s rate and QT decisions—shift toward easing, boosting liquidity across risk assets.

TRX Tests Key Moving Average As Bulls Defend Support

Tron’s (TRX) price is showing signs of consolidation around the $0.29–$0.30 range after an extended pullback from the August high of $0.36. The daily chart reveals that TRX has now reached the 200-day moving average (red line) — a key technical support that has historically served as a major inflection point for trend reversals. The asset briefly dipped below this level earlier in the week but has since recovered slightly, suggesting that buyers are attempting to stabilize momentum.

TRX consolidates below 200-day MA | Source: TRXUSDT chart on TradingView

The 50-day (blue) and 100-day (green) moving averages are trending lower, reflecting short-term weakness after months of bullish structure. However, holding above the 200-day MA could mark the beginning of a base formation before a potential rebound. A confirmed close below this level, by contrast, would open the door for a deeper retracement toward $0.27 or even $0.25, where previous accumulation zones exist.

Trading volume remains moderate, hinting that the market is in a wait-and-see mode ahead of the US Federal Reserve’s interest rate and QT decision. If broader market sentiment turns risk-on and on-chain activity remains elevated, TRX could soon attempt a recovery toward $0.32–$0.33, reclaiming its medium-term trend.

Featured image from ChatGPT, chart from TradingView.com

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