Bitcoin Hits 25D Peak as Whales Engage in Trading and Shorts Get Liquidated

Bitcoin, the world’s largest cryptocurrency, has once again sparked excitement within the market by reaching a 25-day high of $64,745 just hours ago. Over the past 24 hours, Bitcoin’s trading volume has surged by 86%, rekindling optimism among traders. Many in the crypto community are already calling it a taste of “Uptober,” hopeful that Bitcoin’s performance will continue to improve in the coming weeks. Notably, the cryptocurrency struggled earlier in the month, but whales have
profited
amidst these fluctuations.