Bitcoin’s 17% crash explained: $88M whale short, tariff shock & more…
The post Bitcoin’s 17% crash explained: $88M whale short, tariff shock & more… appeared on BitcoinEthereumNews.com.
The crash was largely a matter of timing – both politically and psychologically. Source: Cryptoquant Retail wallets piled into BTC right at $122K, again. This is the fourth time in months they’ve bought big at local tops, only to get dumped on by whales. Meanwhile, long-term holders (LTHs) didn’t budge; exchange reserves continued dropping, a sign of steady accumulation. Political shocks create short-term panic, but it seems it’s always the same players who react. Will October surprise us all? So far, we’ve seen panic-selling, political shocks, and classic short-term mistakes, but zooming out reveals something interesting. Source: X October price declines of more than 5% have occurred only four times in the past decade, specifically in 2017, 2018, 2019, and 2021. Each time, Bitcoin rebounded within a week, often with double-digit gains. Economist Timothy Peterson highlighted 7-day recoveries of up to 21% following these rare October dips. Now, in October 2025, we may be witnessing a similar setup. If the pattern holds, this pullback could be a reset before the next leg upward. Source: https://ambcrypto.com/bitcoins-17-crash-explained-88m-whale-short-tariff-shock-more/
