Bitcoin whales sell over $12B – market reacts with decline
09.09.2025
In August, large investors, known as “whales,” significantly reduced their Bitcoin holdings. According to CryptoQuant, they released over 114,900 BTC onto the market, equivalent to around $12.7 billion. This marks the largest sell-off since July 2022, which had a strong impact on price dynamics. As a result, Bitcoin briefly fell below the $108,000 mark.
A CryptoQuant analyst under the pseudonym caueconomy noted that the current period is marked by the most extensive whale exit in recent years. The most notable activity occurred in early September, when whales sold over 95,000 BTC – the largest weekly outflow since March 2021. However, in the following days, selling pressure started to ease: as of September 6, the weekly outflow had dropped to about 38,000 BTC.
Despite the selling pressure, Bitcoin managed to stabilize within the $110,000–$111,000 range. According to experts, institutional demand continues to support the market. Nick Ruck of LVRG Research emphasized that corporate purchases and growing interest in ETFs act as a counterbalance to whale activity, helping to prevent deeper declines even during periods of heavy selling.
Looking ahead, U.S. monetary policy remains a key factor. The Federal Reserve’s decision on interest rates could shape investor sentiment and set the tone for Bitcoin’s next market moves. Meanwhile, the average yearly Bitcoin price has nearly doubled – from $52,000 in 2023 to $94,000 in 2024 – showing the asset’s steady strengthening despite short-term volatility.
Thus, while whale sell-offs appear significant, Bitcoin’s long-term trend remains positive. A 13% decline from the August all-time high is unlikely to be seen as a deep correction, especially given the overall growth in market indicators.