Smart-money investors are closing their Bitcoin short positions, suggesting that the largest cryptocurrency may be on the verge of a bullish reversal.

On-chain analysis platform Lookonchain reveals that whale “Bitcoin OG” has closed his 2 100 BTC short position worth $227.8 million, netting $6.4 million in profits.

Similarly, smart trader has maintained his 100 % win rate, closing his latest BTC short with $826 000 profit. He has now earned more than $12 million over the past 12 days.

Instead, he has opened a $45 million Bitcoin long position with 19× leverage and already shows over $50 000 in unrealized profit.

Bitcoin is back above $109 000 on Friday after trading as low as $106 700. A reclaim of $112 000 would signal a new uptrend, with top analysts still predicting BTC could hit $150 000 by year-end.

BTC-related projects remain in strong demand, and among them, Pepeto ($PEPETO) is increasingly tipped as the next 10× crypto of 2025.

Bitcoin Whales Close Short Positions

Bitcoin OG has replaced James Wynn as the most-tracked crypto trader, emerging as one of the most influential players in the BTC ecosystem.

This is the same whale who triggered a market-wide sell-off after resurfacing from 14 years of dormancy and selling 80 000 BTC worth over $9.6 billion.

It’s also the trader who shorted Bitcoin moments before Donald Trump announced new China tariffs, reportedly earning more than $160 million.

Now he has closed his BTC short, a move many see as a bullish reversal signal.

Likewise, smart trader 0xc2a3 has closed his short positions, bringing his 11-day profits to over $12 million.

Bitcoin has rallied from Wednesday’s $106 700 low to trade near $109 700 at press time. The question now is whether BTC can reclaim $112 000 support and confirm a trend shift.

Bitcoin Price Prediction: Is It Time To Buy BTC?

Prominent analysts remain optimistic on Bitcoin’s mid- to long-term outlook.

Trader Merlijn The Trader forecasts BTC could hit $180 000 before this cycle ends, citing its correlation with the Global M2 money supply. Meanwhile, its correlation with Gold suggests a cycle top near $160 000.

Still, experts advise patience: Bitcoin may retest its 50-week Exponential Moving Average, a historical support line currently just below $100 000.

Conversely, a decisive breakout above $112 000 would mark the start of a fresh uptrend, another strong buy signal.

Is Pepeto the Next 10× Crypto?

A recovery in Bitcoin prices often fuels massive interest in BTC-themed and utility-driven altcoins. Among them, Pepeto ($PEPETO) has quickly become one of 2025’s most-watched presales.

Pepeto has already raised over $7 million as whales and retail investors alike pile in before listing. Large wallets have been buying five- and six-figure allocations, signaling strong conviction in its growth potential.

Designed as the first meme-utility ecosystem to merge entertainment with real use cases, Pepeto introduces PepetoSwap, a zero-fee DEX demo, and the upcoming Pepeto Exchange, which will enable cross-chain trading and staking with yields of up to 220 % APY.

Pepeto’s tokenomics mirror PEPE’s 420 trillion supply but are backed by a transparent utility model centered on staking rewards, exchange revenue sharing, and ongoing community giveaways worth $700 000.

Join PEPETO $700,000 Giveaway Now

With a rapidly expanding user base and strong marketing presence, Pepeto is emerging as the stand-out low-cap gem that could deliver double- or triple-digit returns post-listing — especially if BTC continues its bullish reversal.

Analysts have already begun calling Pepeto the “next 10× crypto” as it combines meme appeal with exchange-level functionality, bridging the gap between speculation and real utility in the crypto market.

How to Buy and Stake Pepeto

Visit the official presale website: https://pepeto.io

Connect your MetaMask or Trust Wallet

Purchase using USDT, ETH, BNB, or credit card

Stake tokens instantly for 220% APY rewards
Join the $700,000 Giveaway

Hold for long-term growth as exchange listings approach

For More About Pepeto:

Website: https://pepeto.io

Telegram: https://t.me/pepeto_channel

X: https://x.com/Pepetocoin