Nov 4, 2025
7 0
Dormant Bitcoin Whale Returns as The Smarter Web Company Buys Dip
A dormant Bitcoin whale has re-emerged, buying 800 BTC worth $84.87 million at an average price of $106,060 after a year of inactivity. Previously, the whale executed profitable trades netting over $120 million between 2022 and 2024.
Whale Activity Amid Market Volatility
- Bitcoin's price dropped to $103,000, down 3.5% in 24 hours.
- Trading volume increased by 78.54% to $80.49 billion.
- Bitcoin maintains a market cap above $2 trillion despite the decline.
- CryptoQuant reports fading structural momentum with minimal new capital inflow.
- Analysts suggest potential distribution phase if realized capitalization does not improve.
The Smarter Web Company Expands Bitcoin Holdings
- The Smarter Web Company purchased 4 BTC at an average price of $108,510, totaling approximately $432K.
- This increases their Bitcoin holdings to 2,664 BTC, valued at over £220 million ($272 million).
- The company continues its long-term strategy by integrating Bitcoin into its treasury.
Market Outlook and Analyst Perspectives
- Bitcoin has remained above $100,000 for 180 days, forming a critical support zone.
- Swissblock highlights this zone as pivotal for future price movements.
- Glassnode notes short-term momentum improvement but warns of institutional outflows and negative ETF flows totaling $617.2 million.
- The MVRV ratio at 2.05 indicates capital rotation without new demand.
- If Bitcoin remains above $100K-$103K, stabilization and potential rebound towards $110K are possible.