Market Catching Its Breath 👀

Crypto is caught in a soft rebound this week — Bitcoin bounced slightly while Ethereum slipped, altcoins showed selective strength, and macro & geo headlines kept the mood cautious.

⚡️ Market Snapshot
🟠 Bitcoin traded in the ~$106.82K – $110.37K range this week, ending nearer the lower zone.
🟠 Ethereum ranged ~$3,806 – $3,900, showing more weakness relative to BTC.
🟠 Total crypto market cap now sits around $3.72 trillion, reflecting restrained sentiment.

🏛 Institutional & Market Highlights
🔵 U.S.–China trade-war hopes resurfaced: A high-level meeting between the two presidents helped spark a modest lift in risk assets.
🔵 Softer-than-expected inflation data (September CPI around 3%) helped revive crypto risk appetite — though the move remains muted.

🚀 Altcoin Highlights
🟣 Zcash (ZEC) +~20% — driven by renewed demand for privacy coins and visible uptick in “shielded” transaction use across its network.
🟣 Virtuals Protocol (VIRTUAL) +~19% — likely benefitting from recent ecosystem announcements and growing speculation on its product pipeline.
🟣 Morpho (MORPHO) +~16% — seeing interest as DeFi / lending infrastructure gains attention amid the broader rotation into non-major-cap plays.

🔍 What’s Next?
Crypto is showing signs of life, but underlying volatility and macro remains unresolved. A clear breakout needs fresh inflows or a major positive catalyst; without it, this could just be a bounce before another leg down.

Launch BeWhale

Big Week Ahead for Crypto 🚨

Two key events could set the tone for global markets this week:

✂️ FOMC rate cut decision (Oct 29, 2:00 p.m. ET)
The Fed is expected to cut rates by 0.25%, bringing the target range to 3.75–4.00%. Powell speaks at 2:30 p.m. ET, and his tone will be crucial for gauging how far the Fed plans to go. Lower rates can fuel liquidity and risk appetite, but any hawkish surprise may spark volatility across crypto and stocks.

🇺🇸🇨🇳 Trump–Xi meeting (Oct 30, Busan, South Korea)
Taking place Thursday morning local time (~8–10 p.m. ET on Wednesday), this will be their first major meeting in months. Talks are expected to focus on trade, tariffs, and tech cooperation — topics that could send waves through global markets.

Also this week:
▫️ Oct 29: Meta, Alphabet & Microsoft earnings
▫️ Oct 30: Amazon & Apple earnings
▫️ Around 20% of S&P 500 companies report

Between monetary policy, earnings, and geopolitics, volatility is almost guaranteed across traditional and crypto markets 🌊

We’re taking some coins away, read carefully — this may concern you ⚠️

At the end of September, we discovered a bug that allowed users to press “Go to Work” endless times and farm unlimited in-app coins. The issue was fixed within two days, but some users managed to take advantage of it, adding millions to their balances and climbing to the top of the leaderboard.

💡 If you didn’t use this bug, this update doesn’t affect you.

To keep things fair, we’ll be retrieving all coins farmed through this bug abuse and adjusting affected balances to how they were on September 29, when it all started.

This includes any gains or losses from investments, booster effects, wallet transfers, daily rewards, salary bonuses, loot boxes, and any other operations involving in-app coins.

ℹ️ All Whale Cards, Smart Cards, Boosters, streaks, and levels will remain untouched. If you became a Legend, you’ll stay a Legend since we don’t lower levels in the app.

And for those who were a little too eager to win, you’ll get a special achievement for spotting an opportunity — even if it went a bit overboard 🏆

Fair play matters, and we’re keeping it that way.

Crypto Caught Between Hope & Headwinds 😕

This week, the market is treading water. Bitcoin and Ethereum both tried to rally mid-week but ended slightly lower, while select altcoins surged against a backdrop of mixed macro headlines.

⚡️ Market Snapshot
🟠 Bitcoin ranged from $111,300 → $110,645, after reaching ~$115,000 mid-week.
🟠 Ethereum began around $3,966, ending nearer $3,880 (with a mid-week push toward ~$4,230).
🟠 Total crypto market cap sits around $3.66 trillion, showing the market remains under pressure despite intermittent rallies.

🏛 Institutional & Market Highlights
🔵 Fed cut rates by 0.25 bps on Wednesday, bringing them to 3.75%–4.00%, signaling a shift toward a more accommodative policy.
🔵 Donald Trump and Xi Jinping met October 30 in South Korea and announced a trade truce: U.S. tariffs on China cut to 47% from ~57% in a move aimed at easing tensions.
🔵 The truce briefly lifted risk appetite, but with the Fed maintaining a cautious tone, crypto’s reaction has been mixed — investors remain uncertain about the durability of macro relief.

🚀 Altcoin Highlights
🟣 Virtuals Protocol (VIRTUAL) +~51% — Rally backed by major exchange listings, rising institutional interest, and on-chain accumulation signals.
🟣 Zcash (ZEC) +~46% — Jumped on renewed privacy token narratives and improved network activity following key ecosystem updates.
🟣 Official Trump (TRUMP) +~35% — Benefited from whale accumulation and renewed meme-token enthusiasm tied to post-truce political buzz.

🔍 What’s Next?
Crypto remains caught between optimism and caution. If BTC can reclaim strength above ~$112K and ETH holds near $3.9K, a rebound could form — otherwise, the market may continue consolidating as traders wait for clearer policy signals.

Launch BeWhale

🐳 Inside the Card Market: dimethyltryptamine.eth

Known across the memecoin world for turning a modest $251 into over $26.9 million, dimethyltryptamine.eth has become a legend in on-chain trading circles. Their rise came through sharp, well-timed moves, most notably in PEPE, which cemented their reputation as one of the most successful individual traders in the space.

📃 The trader remains anonymous but clearly operates with a deep understanding of market sentiment. Their wallet history demonstrates strong conviction and an instinct for spotting viral trends early.

📝 Their strategy in motion:
🟡 Cultural liquidity: Focused on coins with strong online communities and viral reach.
🟡 Aggressive rotation: Quickly reallocating capital from fading trends to fresh narratives.
🟡 Market psychology: Reading sentiment cycles as technical indicators, not just memes.
🟡 High risk, high reward: Preferring volatility over stability, with short windows for profit-taking.

💼 What’s in their wallet?
Major holdings include PEPE, SPX, and WOJAK, with smaller positions in coins like CULT, MOG, and MUMU. The portfolio shows how these instincts translate into action, turning meme energy into high-impact positions.

🏆 Why this card matters:
Dimethyltryptamine.eth stands at the frontier of on-chain speculation, showing how timing, conviction, and narrative awareness can turn micro-cap trades into generational returns.

Dive into the Card Market 🗂

Did Rally Lose Momentum? ☹️

This week saw the crypto market slip again. Bitcoin and Ethereum both started strong but ended weaker, while select altcoins bucked the trend and some macro shocks hit risk appetite hard.

⚡️ Market Snapshot
🟠 Bitcoin traded in the range $110,320 → $101,300, dropping to ~$99,008 mid-week.
🟠 Ethereum ranged ~$3,867 → ~$3,315, with an intra-week low near ~$3,098.
🟠 Total crypto market cap is about $3.38 trillion, reflecting steep draw-downs in the major caps.

🏛 Institutional & Market Highlights
The market is under pressure after this week’s macro and policy signals:
🔵 The Federal Reserve emphasized caution and data‐dependency, which hurt risk asset sentiment.
🔵 Trade tensions resurfaced: U.S.–China issues and tariff threats continue to dampen global risk appetite.
🔵 Spot crypto ETFs finally recorded net inflows after multiple days of outflows — a silver lining amid the broader weakness.

🚀 Altcoin Highlights
🟣 Internet Computer (ICP) ~+153% — Demand surged as exchange balances dropped, open interest spiked and a breakout above key technical resistance triggered momentum.
🟣 Dash (DASH) ~+128% — Privacy coin sector led the bounce, with Dash and peers rallying on technical breakouts and rotation into privacy assets.
🟣 Zcash (ZEC) ~+118% — Also driven by privacy sector strength, breakouts and active on-chain metrics supporting demand.

🔍 What’s Next?
The market has shifted from hope to caution. With macro clouds gathering and key supports under pressure, the next leg will need either renewed risk appetite or a clear catalyst. A bounce is possible — but without it, deeper losses may follow.

Launch BeWhale

End of the Shutdown, Start of the Pump? 🤔

Several key events could drive volatility across stocks and crypto this week:

💬 Trump Speech Today – November 10, 3:00 p.m. ET
Investors will watch for comments on fiscal policy, trade, and potential stimulus. Any mention of new spending or regulation could shift market sentiment.

⏰ Government Shutdown Ending
Congress is finalizing a bill to reopen the government after a 40-day shutdown, extending funding through January 30, 2026. The reopening will allow the release of delayed data, including inflation and employment figures.

Historically, markets have reacted positively after shutdowns, and Bitcoin has often followed that trend — during the 2019 reopening, BTC rallied nearly 300% within five months.

📰 Upcoming Data Releases
The CPI report is expected Thursday, November 13 at 8:30 AM ET, and the PPI report on Friday, November 14, both covering October data. These releases will be the first major economic indicators since the shutdown and will help gauge inflation momentum and rate expectations.

With the shutdown ending, inflation data returning, and Trump’s speech ahead, markets enter a week of renewed liquidity and potential volatility 🔥

The market feels uncertain.
Many have lost patience, waiting for a clear direction.

But while volatility shakes the surface, whales quietly stacked 45K BTC — their second-biggest weekly accumulation this year.

The surface might show doubt, but the deep still shows belief 🐋

Is It Over? 📉

This week saw major weakness across crypto. Both BTC and ETH slid from their start-of-week levels, selective altcoins held up surprisingly well, and macro signals turned cold.

⚡️ Market Snapshot
🟠 Bitcoin ranged from ~$101.22K → ~$96.91K.
🟠 Ethereum ranged from ~$3,314 → ~$3,229.
🟠 Total crypto market cap is about $3.29 trillion, showing broad weakness.

🏛 Institutional & Market Highlights
🔵 The longest US government shutdown in history ended this week, with a funding bill passed and agencies restarting operations.
🔵 The Federal Reserve signalled caution this week, and the perceived chances of a December rate cut dropped sharply — hurting risk sentiment.

🚀 Altcoin Highlights
🟣 AB (AB) ~+36% — Driven by growing exchange listings and higher trading volume this week.
🟣 Starknet (STRK) ~+27% — Upgraded protocol and surging TVL in its ecosystem boosted sentiment.
🟣 Uniswap (UNI) ~+26% — Gains tied to its governance overhaul and activation of a fee-switch mechanism.

🔍 What’s Next?
With majors drifting and macro uncertainty still strong, no one clearly knows what comes next — this could be a base forming or another slide in waiting.

Launch BeWhale

👨‍🏫 Whale Moves & Lessons: The Celsius Risk Spiral

In 2021–2022, Celsius — once managing billions and branding itself as a “smart-yield” platform — wrecked its balance sheet through a series of catastrophic trading decisions. Instead of hedging responsibly, they chased tops, panic-sold bottoms, and traded emotionally at scale.

1️⃣. The Setup
Celsius aggressively deployed user funds into high-risk positions. Their trading desk repeatedly bought BTC and ETH at local tops, believing the bull market would continue. With no proper hedging and huge liabilities to cover, they treated client deposits like trading capital, amplifying every mistake.

2️⃣. The Collapse Begins
On-chain data revealed Celsius accumulated over $2B in BTC and ETH at elevated prices across 2021–2022.
When markets corrected:
👉 They sold BTC at deep lows to meet withdrawals.
👉 Re-bought BTC shortly after… again near local tops.
👉 Repeated this cycle multiple times.
Instead of reducing risk during the downturn, Celsius doubled down, wiping out liquidity as losses compounded.

3️⃣. The Aftermath
As crypto entered bear territory, Celsius’ mismanaged trades left the platform insolvent. Their positions tanked, collateral lost value, and they ran out of assets to cover withdrawals. The result: a liquidity crisis, freeze of user funds, and eventually bankruptcy.

🏁 The Outcome
Celsius disclosed over $1.2B in balance sheet holes and billions in liabilities. Their trading failures became a case study in emotional execution, poor risk control, and overconfidence (even at institutional scale).

✍️ The Lesson
Even big players blow up by chasing tops and panic-selling lows. Stay disciplined, control your risk, and never let emotions drive your strategy.

How Much Lower Can Crypto Go? 😨

Another punishing week for the market. Bitcoin and Ethereum sold off sharply, altcoins struggled with low liquidity, and risk assets across the board dropped as macro uncertainty intensified.

⚡️ Market Snapshot
🟠 Bitcoin traded from 96,830 → 84,840, even dipping near 81,000 today before bouncing slightly.
🟠 Ethereum moved from 3,206 → 2,783, with an intraday low around 2,613.
🟠 Total crypto market cap sits near 2.83 trillion, reflecting deeper risk-off sentiment.

🏛 Institutional & Market Highlights
🔵 Risk assets fell sharply this week as investors moved out of equities and crypto. Volatility picked up and sentiment turned defensive.
🔵 Liquidity continued to thin across exchanges. Derivatives traders shifted heavily into short positioning as protection against further downside.
🔵 Bond yields dropped as capital rotated toward safer assets. Investors are growing uneasy about the U.S. fiscal outlook and slowing global growth.

🚀 Altcoin Highlights
🟣 Starknet (STRK) +~26%
Momentum came from ecosystem upgrades that improved scalability and developer activity. On-chain data shows fresh accumulation from long-term holders.
🟣 Myx (MYX) +~9%
Benefited from renewed attention on experimental DeFi models and steady TVL growth despite the broader downturn.
🟣 Aster (ASTER) +~7%
Gains tied to network integrations that expanded its use cases inside cross-chain applications. Volume remained modest but consistent.

🔍 What’s Next?
The market is moving on macro fear, not crypto catalysts. Traders are watching whether BTC can hold its lows and whether liquidity improves. Momentum is weak, sentiment is shaky, and direction is unclear until risk appetite returns or a new catalyst appears.

Launch BeWhale

Myth: Whales cause all the volatility 💭
Reality: Retail liquidity is fragile — that’s where sudden swings come from ✅

Whales prefer accumulation during quiet periods.
Sharp moves often come from:
🟢 overleveraged long/short wipeouts
🟢 retail panic-selling
🟢 FOMO chasing tops

Whales rarely need to “manipulate.” The crowd does it for them.
Explore trader strategies, not market noise → Start with BeWhale

Is This the Start of a Recovery… or Just Noise? 🧐

Crypto bounced off extreme lows this week. Bitcoin and Ethereum both climbed, altcoins rotated sharply, but macro flows are still controlling sentiment more than anything happening inside the ecosystem.

⚡️ Market Snapshot
🟠 Bitcoin traded from $84,120 → $90,819, showing relief after last week’s capitulation levels.
🟠 Ethereum moved from $2,756 → $3,039, recovering steadily as liquidity improved.
🟠 Total market cap sits at $3.09T, signalling cautious optimism but still no strong conviction.

🏛 Institutional & Market Highlights
🔵 Global markets traded in low-liquidity conditions, making price swings sharper across all risk assets.
🔵 Equities and crypto both saw selective inflows, with investors slowly rotating back into growth after last week’s unwinding.
🔵 Bond yields drifted lower, pointing to defensive positioning but giving markets enough room to rebound.

🚀 Altcoin Highlights
🟣 Kaspa (KAS) ~+60% — Fuelled by rising miner activity, strong throughput numbers, and speculation around upcoming scaling milestones.
🟣 SPX6900 (SPX) ~+52% — Jumped on renewed meme-sector momentum and strong community trading activity.
🟣 Quant (QNT) ~+29% — Gained traction on growing enterprise-network integrations and increased validator activity.

🔍 What’s Next?
This bounce looks constructive, but traders are waiting for real volume to return. If majors hold these levels as liquidity comes back, sentiment could stabilise. If not, holiday-driven moves may unwind quickly and volatility could spike again.

Launch BeWhale

🏆 Top 5 Whale Cards of November: Who’s Leading the Pack?

November closed with a 17.4% market drawdown, the weakest November since 2018. Even in a red month, users stayed active inside BeWhale and explored which whales were moving the most. These were the most activated Whale Cards of November and how their wallets changed during the month:

1️⃣. Animoca Brands (–54.55%)🔽
From $10.65M to $4.84M, down $5.81M.

2️⃣. World Liberty Finance (+14.55%)🔼
From $6.8B to $7.79B, up $989.51M.

3️⃣. Pavel Durov (–35.06%)🔽
From $391,172 to $254,020, down $137,152.

4️⃣. Cobie (–99.67%)🔽
From $25.12M to $81.78K, down $25.03M.

5️⃣. a16z (+4.26%)🔼
From $391.36M to $408.03M, up $16.67M.

See how your selections compare with the most popular ones this month 🐳

BTC Dumps Below 89k as Late-Week Selloff Hits Hard 😭

Crypto gave up early-week stability and slid sharply into Friday ⬇️
🔴 BTC started the week around 91.5k, dipped to 83.9k midweek, then rallied all the way to 93.93k before dropping back to 88.4k today.
🔴 ETH opened near 3035, slid to 2726 midweek, bounced to 3220, and then fell again to 3012 today.
🔴 Total market cap is now about $3.03T, wiping out a chunk of the brief recovery seen at the start of December.

🚗🩸 What drove the drop
The downside pressure intensified through the second half of the week as:
🔤ETF outflows picked up again and continued to drain liquidity
🔤derivatives positioning unwound during the Friday move
🔤the macro backdrop turned risk-off, with investors trimming exposure across most high-volatility assets

The end result: another week where rallies failed to hold and sellers dominated the final sessions.

A few outliers stayed green
Not many assets avoided the red, but a small number stood out:
🟢 MYX gained ~21%, fuelled by speculation around a potential major exchange listing and momentum traders stepping in
🟢 TEL rose ~11%, helped by rotation into lower-cap, high-beta plays
🟢 BCH added ~4%, showing relative strength amid short-term dip-buying

The market once again showed that early-week calm doesn’t mean much in the current environment. By Friday, heavy selling erased most of the week’s progress, and sentiment remains fragile heading into next week 🙃

Friendly reminder 🚨

2025 has already shown how fast things can flip from sudden liquidation cascades to overnight sentiment swings.
You don’t control volatility, but you do control your exposure.

👉 Risk management isn’t optional.
Small position sizes, clear invalidation, no overleveraging.
That’s what keeps you in the game when the market gets loud.

Crypto Spends Another Week Going Nowhere 🤷‍♂️

Crypto spent most of the week range-bound, failing to extend early strength as traders stayed cautious heading into mid-December 👇

🔴 BTC started the week around 90.69k, briefly touched a low of 88.15k, and ends the week near 90.1k, marking another flat finish despite active intraday swings.
🔴 ETH opened near 3126, slid to about 2941, and finishes at 3068, echoing Bitcoin’s slow drift lower in a tightening range.
🔴 Total market cap sits around $3.05T, marginally higher than last week but showing signs of fatigue as volumes continue to thin ahead of year-end.

What’s moving the market
Market-wide momentum stayed muted after last week’s volatility unwind. Traders cited:
🔤 A lull in ETF flows, with inflows slowing after November’s strong run.
🔤 Profit-taking across large caps as investors balanced risk before upcoming macro data drops.
🔤 U.S. CPI and rate expectations tempering broader risk appetite, keeping equities and crypto mostly sideways.

A few standouts stayed green
🟢 Zcash (ZEC) jumped ~23%, helped by buzz around privacy-layer integrations and renewed interest in privacy narratives as on-chain analytics tighten.
🟢 MemeCore (M) surged ~19%, riding the meme rotation trend and speculative retail energy returning to fringe tokens.
🟢 Mantle (MNT) gained ~19%, supported by ecosystem growth and strong staking participation metrics following its latest governance update.

Crypto ended the week quiet but not complacent. If volatility returns, this low-volume environment could make next week’s moves look much sharper than they should 🌊

Happy New Year from BeWhale! 🎄🎁

2025 reminded everyone what crypto really is: volatile, demanding, and full of opportunity for those who stay curious and disciplined.

Thank you for being with us through market swings, lessons, and growth.

Wishing you clarity, patience, and good decisions in the new year. See you in 2026 🐳