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

Bitcoin and

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 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

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 , 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

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