Bitcoin Whale’s $10.5M Loss Highlights Bearish Pressure Amid MegaWhale Accumulation

• Bitcoin price struggles below 20-, 50-, 100-, and 200-day moving averages, signaling strong bearish pressure.

• Whales and holders are capitulating, with short-term holders realizing 10.2k BTC in losses and long-term holders at 2,237 BTC.

• Megawhales counter this by accumulating over 100k BTC in recent days, viewing current levels as undervalued opportunities.

Bitcoin whale realizes $10.5M loss as market dips persist; discover how megawhales are accumulating amid bearish signals. Stay informed on BTC trends and prepare for potential December recovery—read now for key insights.

What is a Bitcoin Whale Loss and Why Does It Matter?

Bitcoin whale loss occurs when large holders, known as whales, sell their substantial BTC positions at prices lower than their purchase cost, often to mitigate further declines. In a recent case tracked by on-chain analytics, a prominent whale realized a $10.5 million loss by selling 500 BTC for $45.37 million after acquiring the assets at an average price of $111,899 in October. This event highlights the intense selling pressure in the Bitcoin market, where prices have rebounded from an $80,000 low to around $90,000 but failed to sustain gains above critical moving averages, contributing to widespread investor unease.

The significance of such losses extends beyond individual actions, influencing overall market sentiment. When whales capitulate, it can amplify downward momentum, as their large transactions signal caution to retail investors. Data from on-chain monitoring shows that Bitcoin has remained below its 20-, 50-, 100-, and 200-day moving averages, underscoring a bearish environment that has persisted into late November 2025.

Source: Lookonchain

How Are Short-Term and Long-Term Bitcoin Holders Responding to Market Pressure?

Short-term Bitcoin holders, who typically hold assets for less than 155 days, have been hit hardest by the recent downturn, realizing losses totaling 10.2k BTC as prices dipped below $80,000 before recovering to the $90,000 range. Long-term holders, with positions over 155 days, have also capitulated, booking losses of 2,237 BTC in the same period, according to on-chain data from Checkonchain. This pattern has continued throughout November 2025, with long-term holders showing sustained selling amid the prolonged bearish trend.

Experts note that such realized losses indicate a shift in market dynamics, where fear of further declines outweighs holding strategies. For instance, on-chain analyst Willy Woo has observed in past analyses that heavy loss realization by long-term holders often precedes stabilization, though current indicators suggest ongoing pressure. Short sentences like these help illustrate the data: Short-term losses spiked amid the $80k dip. Long-term selling reflects multi-week bearishness. Overall, this cohort behavior underscores Bitcoin’s vulnerability below key technical levels.

Source: Checkonchain

Despite the broader capitulation, not all large players are exiting. Megawhales—holders with balances exceeding 10,000 BTC—have increased their positions, with balance changes reaching mid-October highs of over 100k BTC for three straight days. At the latest reading, this cohort’s accumulation stood at approximately 103k BTC, demonstrating confidence in Bitcoin’s long-term value even at discounted prices.

Source: Checkonchain

“Megawhales’ accumulation signals a belief in Bitcoin’s undervaluation during dips,” notes analyst James Check, emphasizing how this contrasts with retail capitulation and could provide a buffer against further downside.

Frequently Asked Questions

What Caused the Recent Bitcoin Whale Loss of $10.5 Million?

The whale incurred the loss after purchasing 500 BTC at $111,899 in October, only for prices to drop below $80,000, creating unrealized losses exceeding $20 million at one point. Selling at around $90,000 locked in the $10.5 million deficit, driven by fears of prolonged bearish momentum below key moving averages, as reported by on-chain trackers.

Why Are Megawhales Accumulating Bitcoin Now?

Megawhales are adding to their holdings because they see current prices near $90,000 as a buying opportunity, with their balance increases hitting 103k BTC recently. This strategy aligns with historical patterns where large entities buy during corrections, anticipating recovery and viewing Bitcoin as a store of value despite short-term volatility.

Key Takeaways

• Whale Capitulation Highlights Bearish Pressure: A major holder sold 500 BTC at a $10.5 million loss, mirroring broader trends where short- and long-term holders have realized over 12k BTC in losses this month.
• Megawhales Provide Counterbalance: Despite sales, megawhales accumulated 103k BTC, signaling confidence and potentially stabilizing prices around $90,000.
• Technical Indicators Suggest Volatility Ahead: With the Directional Movement Index showing negative momentum at 41 versus positive at 16, Bitcoin may test $86,497 support unless accumulation intensifies.

Source: TradingView

The Directional Movement Index (DMI) further illustrates this tension, with the negative index (-DI) at 41 dominating the positive (+DI) at 16, pointing to sustained downward pressure. If selling persists, Bitcoin could breach $90,000 toward $86,497 support; conversely, megawhale buying might push it to test the 20-day EMA at $92,942 and beyond.

Conclusion

In summary, the recent Bitcoin whale loss of $10.5 million exemplifies the capitulation gripping the market, with holders across cohorts realizing substantial losses amid a bearish trend below moving averages. Yet, Bitcoin megawhales accumulation offers a bullish counterpoint, absorbing supply and potentially setting the stage for stabilization. As December approaches, monitoring these dynamics will be crucial—investors should track on-chain flows and technical indicators closely to navigate the evolving landscape.