Ballenas download 147,000 BTC in a month exercising pressure on the price of Bitcoin
By Hannah Pérez
Whale sales are putting pressure on the price of Bitcoin. They have decreased their holdings by 147,000 BTC since August 21, and they are not the only ones. The fish also liquidate what makes Bitcoin’s recovery difficult.
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- Whale sales are putting pressure on the price of Bitcoin.
- They have decreased their holdings by 147,000 BTC since August 21
- They are not the only ones: fish are also liquidating, according to data.
- Bitcoin fails to recover and risks falling towards USD $ 100K.
Whale sales and smaller fish from Bitcoin (BTC) are exerting pressure on prices, threatening to sink the distinguished cryptocurrency towards the key level of USD $ 100,000 in the graphics.
The data collected by different observers show that the market of Bitcoin It wobbles before a wave of sales led by the so -called whales – the large investors controlling thousands of coins. Although they are not the only ones.
According to data from Cryptoquantlarge entities have settled about 147,000 BTC net -currently at USD $ 16.6 billion – in the last five weeks until this Tuesday, exercising a bearish pressure that has stagnated the price around $ 113,000 and could drag it up to 100,000 if the key support is broken.
147,000 BTC liquidated since August 21
The Chief of Research of CryptoquantJulio Moreno, warned of his X account about this dynamic.
“A reason why Bitcoin prices have weakened. Whales are selling net: -147,000 bitcoin since August 21. The total balance is decreasing to the fastest monthly rate of the cycle“He wrote in a publication on Tuesday.
One Reason Why Bitcoin Prices have weakened.
WHALES ARE NET SELLING:
🔸 -147K Bitcoin Since August 21.
🔸Total Balance Declineing at The Fastest Monthly Rate of the Cycle. pic.twitter.com/w7mti37bf2– Julio Moreno (@jjcoreno) SEPTEMBER 23, 2025
This massive output represents a 2.7% drop in the total holdings of whales, defined as entities with at least 1,000 BTC, and coincides with the end of the Rally summer that led the asset to a historical maximum above USD $ 124,000 in August.
Meanwhile, the analyst of CryptoquantDarkfost, deepened about the origin of these sales. “Long -term holders (LTH) continue to move coins. Although the rhythm has decreased, we still see recent activity. ”
“The younger LTH cohort (6-12 months) illustrates it perfectly: since the beginning of September, this group has made 10 transfers, each of between 8,000 and 9,000 BTC“, He said in a separate publication in X.
Taking an average of 8,500 BTC per movement at a price of USD $ 115,000 per Bitcoin, This generates “A sales pressure of about 10,000 million dollars in the market”added Darkfost, who directly linked this activity to the price action, especially in a context where Altcoins They have not yet decoupled completely from Bitcoin.
Not only whales, fish also sell
The data of Glassnodecited by COINDESKreinforce this hypothesis, painting an even more gloomy panorama, since it reveals that The sales pressure extends to all ticket groups, from small fish with less than 1 BTC to whales with more than 10,000 BTCexcluding Exchange and miners.
Based on the Metric “Accumulation Trend Score” – which measures the relative force of accumulation according to the size of the entities and the volume acquired in the last 15 days – all cohorts are in a distribution phase.
“The largest whales, with holdings exceeding 10,000 BTC, are showing some of the most aggressive sales levels during the last year”highlights the report of COINDESKwhich also reveals erosion in the holdings of the LTH.
The inactive offer for more than a year has fallen from 70% to 60% of the circulating supply, with its previous peak observed in November 2023 when Bitcoin He quoted about $ 40,000, according to that report. The +2 -year holders have gone from 57%to 52%, and those of +3 years are located just above 43%, in constant fall since November 2024. In contrast, +5 -year investors maintain their stable position, without participating in the liquidation.
From the technical point of view, Cointelegraph He warns of a “bearish flag” in the BTC daily chart, validated by the fall below the USD $ 116,000 last Sunday. The bulls have lost key supports such as the simple 50 -day mobile average at USD $ 114,300 and the 100 -day at USD $ 113,400, intensifying the selling pressure.
The Relative Force Index (RSI) has dropped from 61 to 44 in the last week, pointing out a momentum growing bassist. If the daily closure drills the support zone between USD $ 112,000 and $ 110,000, prices could lower more, with the technical objective pointing to USD $ 100K, which would represent a 11% decrease from current levels.
Bitcoin to USD $ 113,000, at risk of more falls
Despite this storm, there are counterweights: the volume transferred by whales to the Exchange It has been low since the end of August, suggesting that part of the coins are directed to other destinations, as corporate treasury.
Companies like Metaplenet in Japan and Strategy They have accelerated their purchases this year, with the latter adding 850 BTC for almost USD $ 100 million only last week, raising their holdings at 639,835 BTC.
In this regard, the investment firm team Riverhas anticipated that both the funds quoted in the stock market (ETF) and the corporations “They will continue to accelerate their accumulation”noting that companies with Treasury Bitcoin now they have more coins than the ETFscreating a “Structural floor” that absorbs part of the profits.
At the close of this edition, Bitcoin It quoted at $ 113,000, with an almost zero variation in the last 24 hours but a weekly loss of 2.7%, according to Coingcko. While gold and American actions touch historical maximums, the king of cryptocurrencies takes a forced respite, with investors attentive to whether this generalized distribution marks the end of the upward cycle or just a temporary pause.
Article written with the help of AI, edited by Diariobitcoin
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