Whales Stir Chaos as Bulls and Bears Face Off Before FOMC | US Crypto News
Crypto markets face turbulence as whales shift positions and long-term holders sell before a crucial FOMC meeting.Summary
Crypto markets are experiencing significant volatility as major players, known as whales, adjust their positions ahead of a critical Federal Reserve (FOMC) meeting. Some whales are closing profitable long positions cautiously, while others, like Machi Big Brother, are increasing exposure to assets like ETH and SOL. This divergence is mirrored by long-term Bitcoin holders, who have recently sold 325,600 BTC in the sharpest monthly drawdown since July 2025, contrasting with accumulation trends seen elsewhere. Adding to the uncertainty, a corporate entity, Sequan, dumped 970 BTC ($112 million). Traders are split, with short-term longs positioned between $109,000 and $105,000, while medium-term shorts profit around $127,000. The market awaits Jerome Powell's speech following the expected 25-basis-point rate cut for direction. Furthermore, geopolitical factors, specifically positive signals regarding a US-China trade deal ahead of the Trump-Xi meeting, are adding another layer of complexity to market sentiment.
(Source：BeInCrypto)