Bitcoin Updates: Crypto Industry Evolves—Whale Nets $17M Profit While DEX Volume Surpasses $1T During Market Fluctuations

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Bitget-RWA2025/10/29 10:42

By:Bitget-RWA

- A crypto whale (0xc2a) earned $17M via 20x leveraged longs on Bitcoin and Ethereum during heightened volatility near $17B options expiry. - Decentralized exchanges (DEXs) hit $1T+ monthly volume in October 2025, driven by geopolitical shocks and incentive programs. - Fed policy decisions and tech earnings now shape crypto markets, which increasingly diverge from traditional assets amid institutional-grade infrastructure growth.

Bitcoin and

Ethereum

are at a pivotal moment as a $17 billion options expiration approaches, coinciding with the Federal Reserve's policy announcement and key earnings releases from major tech firms. The current surge in market volatility has paved the way for bold trading maneuvers, with one notable crypto whale recently

securing $17 million

in profits by utilizing leveraged trades on decentralized exchanges.

This trader, operating under the wallet address 0xc2a, took advantage of Bitcoin’s rapid bounce from support near $100,000 up to above $110,000. By entering $155 million worth of

Bitcoin

and $131 million in Ethereum long positions on Hyperliquid, this whale used leverage as high as 20x to maximize returns. According to blockchain intelligence provider

Arkham

, the BTC trades alone showed 85% unrealized gains, highlighting how decentralized derivatives platforms can enable high-confidence trades in volatile conditions.

At the same time, decentralized exchanges (DEXs) have reached record-breaking levels, with

perpetual DEX volume

exceeding $1 trillion in October 2025. The majority of this activity came from platforms such as Hyperliquid,

Aster

, and Lighter, fueled by volatility from global events and various incentive schemes. Hyperliquid alone was responsible for $316.4 billion in trading volume over 30 days, accounting for 25.5% of the market share. This spike followed a significant wave of liquidations on October 10–11, after Trump announced a 100% tariff on Chinese goods, which resulted in $19–$30 billion in leveraged positions being wiped out across both centralized and decentralized platforms.

The upcoming Federal Reserve meeting and earnings reports from tech giants like Apple and Microsoft are anticipated to further influence market direction. Although the Fed’s stance on interest rates remains crucial, the crypto market is showing increasing independence from traditional financial markets. This separation signals the evolution of crypto trading, where advanced infrastructure and broad retail involvement create a dynamic, high-risk environment.

Crypto Trader Reportedly Gains $17M in Bitcoin Volatility Through Leveraged Trades

Decentralized Exchanges Surpass $1 Trillion Monthly Volume as Volatility Spikes

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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