Major Ethereum and Bitcoin Whale Activity Impacts Crypto Markets

Key Takeaways:

A surge in Ethereum ETH -0.66% and Bitcoin BTC -0.75% whale activity affects market volatility.
Whale trading led to increased DEX volumes.
Stablecoin inflows shift to Tron from Ethereum.

The Lookonchain Weekly Report for October 6-12, 2025, observes considerable market turbulence, institutional shifts, and whale activities affecting DeFi, Ethereum, Bitcoin, and altcoins.

These market changes impact cryptocurrency valuations and trading practices, indicating potential volatility and strategic investment shifts across major blockchain platforms.

The Lookonchain Weekly Report from October 6 to October 12 highlights notable movements in the crypto market. Whale activity in Ethereum and Bitcoin across Ethereum, Bitcoin, and DeFi caused significant turbulence. Institutional reallocations also played a pivotal role during this period.

Key players, including Bitmine and an unnamed Bitcoin OG, executed large trades. Bitmine acquired a substantial amount of Ethereum, increasing its holdings significantly. In addition, Bitcoin was shorted, with significant profits recorded. Institutions adjusted their crypto portfolios.

The market experienced 1.64 million liquidations, totaling $19.2 billion, heightening volatility. Decentralized exchange (DEX) trading volume surged significantly. This reflects a heightened interest in decentralized financial platforms amid market fluctuations.

Tron absorbs stablecoin inflows, with $1.6 billion in stablecoins, while Ethereum experienced net outflows. This showcased stablecoin market dynamics. Also, protocol revenues saw marked changes with the BNB ecosystem reporting a dramatic increase.

This activity resulted in Ethereum and Bitcoin facing price pressures, yet still profiting institutional buyers. Chainlink whales withdrew significant LINK volumes, boosting its post-crash price, illustrating market resilience.

Experts highlight potential correlations with previous bull market patterns influenced by whale behavior. Historical data suggests a link between current whale acquisitions and future market trajectories. The evolving market dynamics bear watching closely for future developments.