Bitcoin remains vulnerable to drawdowns of up to 50% even as institutional adoption rises, according to Tom Lee, chairman of BitMine. Lee noted that Bitcoin continues to track equity markets with amplified movements, meaning a 20% decline in the S&P 500 could result in a 40% drop for Bitcoin. Despite volatility concerns, Lee maintains his forecast that Bitcoin could reach $200,000–$250,000 by year-end.

Three blockchain addresses associated with the Trump team received $4.2 million in MET tokens from Meteora, according to Arkham Intelligence data. The distribution occurred hours after Meteora co-founder Benjamin Chow was named in a federal class-action lawsuit alleging he orchestrated pump-and-dump schemes involving multiple tokens that defrauded investors of at least $57 million. All three recipient addresses immediately transferred the airdrop to OKX exchange.

Stable, a blockchain optimized for USDT transfers and backed by Bitfinex, closed its pre-deposit campaign after securing $825M in liquidity. Data show a single whale deposited approximately $500M, representing over 60% of total contributions. The whale transferred funds from multiple wallets starting 30 minutes before the campaign's public announcement on October 24, 2025.

BNB climbed 5.5% after President Donald Trump pardoned Binance co-founder Changpeng Zhao on Thursday. The cryptocurrency recovered to $1,100 following the announcement. Zhao had pleaded guilty to Anti-Money Laundering violations in 2023 and served four months in prison last year.

Bitcoin's Short-Term Holder Net Unrealized Profit/Loss has moved into negative territory, signaling pressure on recent buyers. The metric last reached similar levels in April of the previous year, ahead of a sustained price rally. Long-term holders continue selling at profit with SOPR at 2.3, while Bitcoin consolidates above the $108,000 demand zone.

Decentralized perpetual futures platforms recorded over $1 trillion in trading volume during October, marking a new monthly record. Hyperliquid led all decentralized exchanges with $317.6 billion in trades, while collective DEX activity peaked at $78 billion on October 10. The milestone represents approximately 30% growth over August's previous record of $762 billion.

Two wallets tied to the Melania Trump meme coin received $1.23 million in Meteora tokens on October 24, 2025, according to SolScan data. The wallets melania-liquidity1.sol and melania-liquidity2.sol were credited with $784,200 and $454,724 in MET tokens respectively. Hayden Davis, CEO of Kelsier Ventures—the entity that launched the MELANIA token—was identified as one of the airdrop beneficiaries, sparking criticism within the crypto community.

Bitcoin recovered to $110,000 this week after opening at $107,000, yet faces challenges maintaining momentum near all-time highs. Analysts at The Bull Theory suggest the traditional four-year cycle is transitioning to a five-year pattern. The next peak may occur around Q2 2026, driven by global liquidity dynamics and institutional accumulation.