Or possibly influenced by the "Whale Insider Shorting Again" event, Bitcoin dropped below $109,000 and Ethereum dropped below $4,000.

BlockBeats News, October 20, according to HTX market data, this morning the mainstream cryptocurrencies experienced a general decline, with Bitcoin falling below $10,900 to currently trade at $108,605;

Ethereum also dropped below $4,000 to now trade at $3,980.44.

Earlier reports indicated that the "1011 Insider Whale" initiated another 10x leveraged short position on Bitcoin 4 hours ago, with an average entry price of $109,133.1.