The cryptocurrency market witnessed another volatile session on October 30, 2025, as heavy liquidations and renewed profit-taking weighed on sentiment. While Bitcoin slipped further below the $110K mark, a few altcoin sectors, particularly meme and Layer 1 tokens, managed to hold their ground.
According to live crypto news data, the market showed a mixed performance in the past 24 hours.
Meme coins were among the top performers of the day, with PUMP and OFFICIAL TRUMP leading sector gains. Within the Layer 1 category, Zcash (ZEC) and Hedera (HBAR) outpaced peers with mild price increases.
However, the broader crypto sector saw a wave of liquidations totaling $590 million in the last 24 hours, primarily from long positions. Analysts attribute this to profit-booking after recent market highs and tightening liquidity conditions.
A well-known crypto whale with a history of maintaining a 100% win rate has reopened leveraged long positions across major cryptocurrencies. On-chain data shows exposure at 13x leverage on Bitcoin, 10x on Ethereum, and an additional 10x longs on Solana, bringing the total position size to about $275 million.
Despite a small unrealized loss of $1.6 million, the trader reportedly has an open order to increase Ethereum exposure further, signaling ongoing bullish conviction amid market uncertainty.
Veteran Bitcoin holder Owen Gunden, believed to own more than 10,000 BTC, has initiated a major sell-off phase. Data reveals that 2,587.6 BTC, valued at roughly $290 million, were sent to Kraken over the last ten days.
The transfer marks a significant move by one of Bitcoin’s long-standing early adopters, hinting at profit realization or repositioning after the latest market rally.
Elon Musk’s SpaceX continues to adjust its crypto holdings, transferring 281 BTC (worth approximately $31.2 million) to a new wallet address. This marks the company’s third transaction in 10 days, indicating ongoing restructuring of its Bitcoin treasury management.
While the motive remains unclear, analysts speculate these moves relate to internal custody realignment or broader treasury optimization efforts.
In a surprising development, Fight Fight Fight LLC, the company behind the Trump-branded memecoin, is reportedly in talks to acquire the U.S. operations of crowdfunding platform Republic, according to Bloomberg sources.
If finalized, the deal could enable integration of the token within Republic’s fundraising and payment systems, expanding its real-world utility. Republic’s previous backers include Galaxy Digital and Binance Labs, suggesting strong institutional connections for potential future collaborations.
Updated on-chain data from some tracking platforms shows that the “100% win rate whale” is now sitting on a $6.49 million unrealized loss amid expanding long positions.
The trader recently added 10,580 ETH (about $92.4 million) at an average entry price of $3,873, along with 1,030 BTC worth $111 million and 560,839 SOL valued near $107 million.
A pending limit order for 15,000 more ETH at $3,800 suggests the whale intends to deepen exposure, which would push total Ethereum longs close to $150 million, making it their largest individual crypto position.
The crypto market’s mixed tone reflects growing caution among traders after weeks of intense volatility. While leveraged positions and whale activity continue to drive short-term swings, institutional and corporate movements, like SpaceX’s restructuring and Republic’s acquisition talks, suggest ongoing maturity and diversification in the sector.
Stay tuned for continuous live crypto news updates and real-time insights as the October 30, 2025 trading session unfolds.
