Crypto Market Rebounds with $75 Billion Surge as Whales Drive Recovery

The cryptocurrency market staged a robust rebound on November 12, 2025, recovering from a sharp decline earlier in the week. Bitcoin surged back above $105,000 after hitting a low of $102,422, while Ethereum posted a 1.33% gain. Other altcoins like Aster and Canton skyrocketed over 12%, and Bitcoin Cash and Algorand saw increases of 2-3%.

Veteran trader Peter Brandt emphasized in a tweet that markets are stronger when they advance on offers, particularly during base-building phases, revealing the 'secret hands of whales'—large holders accumulating assets. This insight came as investors grew optimistic following the Senate's passage of a bill to end a 40-day government shutdown, which had delayed key economic data releases.

On-chain analytics from CryptoQuant indicated a significant spike in Bitcoin withdrawals from Binance, marking one of the largest outflows in 2025, with Ethereum supply on exchanges dropping to May lows. These outflows suggest long-term accumulation by whales.

In a parallel development, the crypto market added nearly $75 billion in value within just three hours, with Bitcoin alone contributing $40 billion. Bitcoin's dominance climbed to over 53%, fueled by institutional inflows and aggressive whale buying. The rally was driven by softer U.S. inflation data, exchange outflows, and enhanced institutional participation via ETFs, shifting market sentiment to bullish despite ongoing volatility concerns.