Bitcoin Whales Conducted a Record BTC Sell-off of $12.7 Billion Since 2022

Twenty One вийде на біржу з понад 43 500 BTC на балансі

In August 2025, large Bitcoin holders, known as whales, sold a record amount of the first cryptocurrency — 115,000 BTC totaling approximately $12.7 billion. This marks the largest outflow of coins from the wallets of major players since July 2022, intensifying market pressure and raising concerns among investors.

This is reported by Business • Media

Sharp BTC Outflow and Market Volatility

According to analytical platforms, whale reserves have decreased by more than 100,000 BTC over the past 30 days. Experts say this sharp outflow indicates a growing caution and risk aversion among large investors. As a result, the price of Bitcoin fell below $108,000.

“The trend of large players reducing their exposure in the Bitcoin network continues to strengthen, reaching the largest coin distribution this year,” noted CryptoQuant analyst.

The largest weekly outflow was recorded on September 3, when 97,000 BTC was moved from whale wallets — the highest figure since March 2021. However, by September 6, the weekly balance change had decreased to 38,000 BTC, indicating a reduction in selling activity among large investors.

Despite the mass sell-offs, the Bitcoin market remains within a limited price range of $110,000–$111,000. At the time of writing, the value of the first cryptocurrency was $112,104.

Daily BTC/USDT chart on Binance. Source: TradingView.

Institutional Investors’ Position and Predictions

Despite the wave of sell-offs, experts note the market’s resilience. LVRG Research Director Nick Rak emphasizes that institutional accumulation of Bitcoin during this period has become a structural counterbalance to short-term fluctuations.

Analysts believe whale activity may delay Bitcoin’s growth in the near term; however, the market continues to show strength due to corporate purchases and demand from ETFs. According to experts, in the long term, the fundamentals remain positive: since the historical peak in August, Bitcoin has only corrected by 13%, significantly less than previous corrections.

Analyst Dave the Wave highlighted that the average annual price of Bitcoin has risen from $52,000 a year ago to $94,000 currently, and this figure could exceed $100,000 as early as next month.

Additionally, analysts from investment firm Tephra Digital predict that the price of Bitcoin could reach $167,000–$185,000 by the end of the current year or in the first half of the next.