Asia Morning Briefing: Bitcoin Holds Above $114K as Whales Absorb Supply and Shorts Rebalance

Asia Morning Briefing: In today's financial update, Bitcoin maintains a strong position, remaining above the significant threshold of $114,000. This stability can be attributed to the actions of prominent cryptocurrency holders, commonly referred to as "whales," who are actively absorbing the available supply in the market. Furthermore, many traders who have taken short positions are reassessing their strategies and rebalancing their investments, indicating a dynamic market environment. source: https://www.coindesk.com/markets/2025/10/27/asia-morning-briefing-bitcoin-holds-above-usd114k-as-whales-absorb-supply-and-shorts-rebalance