Transcription
[Music] Hello friends, I hope you are doing well, that you are in good shape, that you are in good spirits. Very happy to see you again for this breaking news video of Wednesday, October 22, 2025, in front of a somewhat mixed crypto market that doesn't inspire much. We see that since the opening of the Asian market here around 2 AM, well, it's a bit red on the traditional market side. It also closed a bit mixed yesterday, as we can see with futures this morning that are not far from zero. So we don't really know how Wall Street will open this afternoon. But I have a little idea because Coin Telegraph, which sent out at midnight, uh, but tonight, that Trump wants to apply 155% of new tariffs to China starting November 1st. So immediately, you see, that sets a good mood. It's a shame because yesterday it pushed well. If we take a quick look at the liquidity yesterday, remember, we went to look just below the cluster. We started to correct, and well, it's a bit strange how we're approaching the cluster here that we're not going to go for, and yesterday, look at this magnificent short squeeze. Boom! What did this short squeeze do? Well, it's simple, you just have to follow this liquidity map here, and that's it. So it exploded to seek out this large liquidation pocket that was strong and was waiting up to around $112,700. Where did it stop? Remember, go watch yesterday morning's or the day before yesterday's video, it stopped here. The biggest sell orders that were waiting at $114,000. Exactly $114,020. So short squeeze, poof, big wall of sellers, and back to sender. Now, to the north, there's not much left, but it's strange because to the south, there's a little bit to liquidate around $105,000 and even lower. So this morning in the VIP video on Canal and Grave, I explained, well, uh, that for now, the structure that is emerging is rather well-fed. So heading towards $105,000 or even a bit lower to eat that liquidity, it remains very possible, knowing that there will be large buy orders supporting from $100,700 up to $94,000. You see, it's a hunt, a nice little liquidity hunt yesterday that will resume today. And since there's very good news, you see, like 155%, is Trump going to do that? Because normally at the end of the month, before November 1st, he has to speak with the Chinese president. I think he'll do as usual. He'll say, "Well, go on, I'll put 8 million percent tariffs on China, but starting after the discussion, so that when the discussion comes, he knows very well that the Chinese president, if they don't reach an agreement, will have to face 155%." Trump always does that. And you'll see that if necessary, in a little less than 10 days when he meets the Chinese president, they will reach an agreement. He will say, "He is a formidable person, I love him, he is great," and he will remove the tariffs. Well, however, the fact that he's putting 155% here revives some big whales that are heavily short. Does that remind you of anything? A whale that had $11 billion in Bitcoin. So, it's a big whale that arrived this summer, remember, who sold half of its bitcoin to buy ethereum. So, it put a lot of selling pressure on ethereum all summer, you see. It had opened a short position just before last Friday's crash, October 10th, when it was a bear market in 1 hour for the majority of altcoins. Well, and so why are we talking about it? Because this whale has returned. Hello, I'm here. Look, this whale has returned with a short of $227,131,710.27. The small leverage x10 is roughly 2100 bitcoin. And so it made its little entry at 111, you see. And it is currently up $6,534,000 with a liquidation price at $123,000. Now, I'm going to give you the tutorial from your loving Fouffi. How to generate money when you already have a lot of money? But when you're a big whale and you see negative news or you know someone close to the White House who will give you negative news, you put a big short of half, you see, but that's not enough. What do you do afterwards? Well, you send about $587 million to Binance and Coz to manipulate the market a bit because opening a short position when you're a big whale is good, but there's better than that. There's better, listen to Fouffi, you open a short position for several hundred million and then you also sell to make the market fall, of course, you see. And so now, you've done what you needed to do. The short and the big sale of 500 million bitcoin. Well, which are ready to be sold, because it sent them a few hours ago, you see. And no, that's it. So, is it manipulation? Yes, unfortunately, that's how it is. A big whale that opens a short for 200 million, 227 million dollars, and then sends 500 million bitcoin to make them sell, well, it's to help the short a bit, if you want, you never know. Well, and you do that when the news isn't great, you see? Because the first boom, the first sale you'll make that will create a red candle, people will say, "Oh my god!" And on top of that, since you're a big whale and you're shorting and you've sent big bitcoin to sell, well, you have plenty of other whales who will follow you. You see, it's like usual, it's the small whales that follow and follow the big, big whales. So there you go. So there's the tutorial on how to make money when you're really very big. Knowing that for now, there isn't really big bullishness in the markets as crypto tells us here. $113,000 is the average purchase price of short-term investors, especially small whales who bought bitcoin not long ago. So below $113,000, many are at a loss, unfortunately, we have unrealized losses of $6.95 billion among the new ones, unrealized. They haven't sold yet. That is to say, if everyone, all the new ones sell, they will lose almost 7 billion. Well, and since they are at a loss, it means that if the market continues to fall, well, some will capitulate, they will sell at a loss because that's how the new ones unfortunately are. So it's not, yes, big bullishness right now. Well, after that, quite interesting news that tells us that we also have some whales, it's here Robé Michnik, who is the head of digital assets at Black Rock, who tells us that the company has facilitated $3 billion in conversions of real Bitcoin to their ETFs by certain whales because they tell us that yes, there are certain whales, after years and years of self-custody, self-protection of their bitcoin, who were keeping their private keys, have decided to go to Black Rock and exchange their bitcoin for shares of Black Rock's ETF. Well, can they do that? Yes, because there was a recent modification by the US SEC that allows in-kind redemption by ETFs. In short, it allows you to exchange bitcoins directly, for example, for Black Rock's ETF, without going through the step of paying your flat tax. You see what I understand? You see, you see what I mean? What you're going to say to Black Rock, you tell them, "Here's bitcoin," and they give you shares of their ETF. So, well, why are some whales doing this? There are several reasons. Now, be careful, it's a few whales, not all of them, but they are seeing this more and more. I think as the price of bitcoin goes up and up, some old whales, portfolios with huge amounts, are saying, "If I make a mistake, I lose everything." You see? So it's understandable if some are managing tens or hundreds of millions, they say, "Wait, if something happens to me, I lose everything." So, I prefer to play it safe. So, well, Rock, yes, and so they are exposing themselves to traditional finance. The second thing is, well, the first thing is to avoid the risk of mistakes and losing everything, and the second thing is to expose themselves to traditional finance for easier access, for example, to make investments, loans, and so on, whereas when you have your bitcoin in cypherpunk mode in your corner, it's more complicated to get things. So they've noticed this. Well, why not? After all, Black Rock is still the number 1 Bitcoin ETF. It was the fastest ETF in the history of all ETFs combined on the stock market to reach $70 billion in assets under management. So you can feel that bitcoin is not here to joke around. The Bitcoin ETF was the best ETF in the entire history of all ETFs combined. That's pretty good. We're quite happy. Well, and the last news, which is rather cute, which is rather nice. Well, Tether has reached 500 million users worldwide, and Paolo Ardo, CEO of Tether, whom we've followed for so many years, tells us it's probably one of the biggest successes in financial inclusion in history. In short, I'm translating, he's telling us that more and more people are adopting USDT because they don't have a bank, they don't have a bank account, quite simply. You see? Because it's true that we are here, we use the stablecoin USDT or USDC, whichever you prefer, to buy cryptos, to return to stablecoins, and so on. Well, for us, it's just investment. For some, it's thanks to Tether that they live, concretely, you see. Well, you should know that its stablecoin is now used by 6.25% of the world's population, and we're talking about 1.4 billion adults in the world who don't have access to accounts, you see. So that means they have 500 million users, but there's still a very, very large margin because there are 1.4 billion people who don't have accounts, you see. And so, on one hand, for people like us, USDT is speculative, but for some, USDT saves their daily lives. For example, in countries with high inflation where your currency is worth nothing overnight, you can't even buy a slice of ham with your salary, or in countries where your money can be seized because you are a big dictator. And so Tether, for example, shared a short 10-minute documentary on the adoption of USDT in Kenya, where people don't use USDT like us for speculation, they use USDT to live because all you need is a phone, an account, and boom, you have your money in your account on your phone. The majority of people have a phone, even if they live in the middle of nowhere, in remote corners of the world, they still have a phone, you see, but they don't have a bank account. And having a phone with your crypto wallet and your USDT, your stablecoin that is pegged to the dollar and doesn't move, doesn't fluctuate, well, that saves people and banks them. So I find that interesting. So, congratulations Tether, continue this little global adoption which is very interesting. Well, that's it friends for this little news video this morning. We'll see you on social media all day, of course. I'm sending kisses. See you later. Bye bye. [Music]