Bitcoin whales make a comeback, The Smarter Web Company Investing when the price drops?

Updated
November 5, 2025
Gambar Bitcoin whales make a comeback, The Smarter Web Company Investing when the price drops?

Jakarta, Pintu News – The long-dormant Bitcoin Whale has resurfaced with an $85 million purchase, while The Smarter Web Company has added to its Bitcoin holdings.

Bitcoin Whale Reappearance

After almost a year of silence, the Bitcoin whale who last sold Bitcoin (BTC) in November 2024, is back with 800 Bitcoin (BTC) worth $84.87 million at an average price of $106,060 per Bitcoin (BTC). The whale withdrew 800.19 Bitcoin (BTC) worth $85.51 million from OKX and Binance, showing great activity in a sluggish market.

Bitcoin’s (BTC) price drop to $103,000, down 3.5% in the last 24 hours, did not stop these whales from investing. Trading volume increased sharply by 78.54% to $80.49 billion according to data from CoinMarketCap, although market capitalization still stands above $2 trillion.

Read also: Markets are Bleeding, Why is Crypto Down Today (5/11/25)?

The Smarter Web Company Strategy

Amidst the Bitcoin (BTC) price drop to $103,000, The Smarter Web Company, the UK’s largest exchange-listed company that owns Bitcoin (BTC), announced the purchase of an additional 4 Bitcoin (BTC) at an average price of $108,510 per Bitcoin (BTC), worth approximately $432,000. This increases their total holdings to 2,664 Bitcoin (BTC), which is worth over £220 million ($272 million).

The company is operating under a long-term “10 Year Plan”, gradually purchasing Bitcoin (BTC) and integrating it into their business and financial strategies. The Smarter Web Company also accepts payments in Bitcoin (BTC) and sees this digital asset as an important pillar of the future financial system.

Also read: Will Ripple (XRP) ETF be the savior of the ailing crypto market?

Analyst’s View of the Market

According to Swissblock, Bitcoin (BTC) has managed to stay above the $100,000 structural floor for 180 days, creating a so-called critical confluence zone. If Bitcoin (BTC) can maintain its price above $100,000, this could be the jumping-off point for bulls to start the next price increase.

However, if prices fall below that, the market may experience great uncertainty. The latest report from Glassnode shows that despite the price drop, short-term momentum is improving with soft accumulation. However, negative institutional outflows and ETF flows, which totaled $617.2 million, paint a worrying picture of the market.

Conclusion

The return of the long-dormant Bitcoin whale and the strategic move of The Smarter Web Company demonstrate the complex dynamics within the Bitcoin (BTC) market. While there are some negative signals from institutional data, activity from large investors like this could be an important indicator for the next direction of the market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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