Bitcoin Faces $100K Dip After Largest Whale Sell-Off Since 2021


0

Unlock the Secrets of Ethical Hacking!

Ready to dive into the world of offensive security? This course gives you the Black Hat hacker’s perspective, teaching you attack techniques to defend against malicious activity. Learn to hack Android and Windows systems, create undetectable malware and ransomware, and even master spoofing techniques. Start your first hack in just one hour!

Enroll now and gain industry-standard knowledge: Enroll Now!

Key Notes

  • Whale reserves dropped by $114,920 BTC in the past 30 days, the largest sell-off in three years.
  • Analysts warn that a historical bearish pattern could trigger a dip below $100,000.
  • Bitcoin’s longer-term outlook remains strong, with corporate holdings hitting new highs.

Bitcoin

BTC
$111 494



24h volatility:
0.5%


Market cap:
$2.22 T



Vol. 24h:
$25.22 B

is facing heightened selling pressure as whales have offloaded a staggering $12.75 billion worth in BTC in the past month. These large investors, holding between 1,000 and 10,000 BTC, have reduced their reserves by 114,920 BTC.

This is the largest monthly whale sell-off since July 2022, signaling growing caution among large holders. Analysts warn that sustained selling, combined with bearish historical signals, could push Bitcoin below the psychologically important $100,000 level in the weeks ahead.


Crypto analyst Ted pointed to Sunday’s “blood moon” as a reason for pessimism. Notably, the blood moon is a lunar event that has resulted in market downturns in all four occurrences since May 2021.

The analyst further warned that both Bitcoin and other top crypto coins could suffer further losses.

At the time of writing, Bitcoin is trading around $111,000, down nearly 11% from its August peak. In the past week, the cryptocurrency has been mostly consolidating within a parallel price channel of $109,000-$112,000.

Bitcoin Long-Term Price Optimism

Despite the near-term bearishness, Bitcoin’s broader trajectory appears resilient. The cryptocurrency has only corrected about 13% from its mid-August all-time high, a much shallower drop compared to past corrections.

Moreover, the one-year moving average has surged from $52,000 a year ago to $94,000 today, underscoring a strong foundation beneath the recent volatility. During this time, BTC price has more than doubled with $1.13 trillion gain in the market cap.

Meanwhile, the treasury holdings among companies recently surpassed 1 million BTC, with nearly 9,800 BTC allocated in just the first week of September. However, a CryptoQuant report noted a more cautious approach to buying.

Average purchase sizes have sharply declined. Strategy acquired only 1,200 BTC per transaction in August, and others averaged 343 BTC, down 86% from early 2025 levels. This suggests more cautious sentiment among institutional investors in the short term.

next

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

Parth Dubey

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn






Unlock the Secrets of Ethical Hacking!

Ready to dive into the world of offensive security? This course gives you the Black Hat hacker’s perspective, teaching you attack techniques to defend against malicious activity. Learn to hack Android and Windows systems, create undetectable malware and ransomware, and even master spoofing techniques. Start your first hack in just one hour!

Enroll now and gain industry-standard knowledge: Enroll Now!

Don’t miss the Buzz!

We don’t spam! Read our privacy policy for more info.

🤞 Don’t miss the Buzz!

We don’t spam! Read more in our privacy policy


Like it? Share with your friends!

0

0 Comments

Your email address will not be published. Required fields are marked *