The post Massive Whale Sell-Off Threatens Bitcoin’s Short-Term Rally appeared on BitcoinEthereumNews.com. Bitcoin Large Bitcoin holders have unloaded more than $12 billion worth of BTC in just one month, sparking renewed concern over short-term price stability. Data from CryptoQuant shows whale wallets — those holding between 1,000 and 10,000 BTC — reduced their reserves by over 100,000 coins in the past 30 days. Biggest Sell-Off Since 2022 Analysts describe the outflow as the heaviest whale distribution since July 2022. With roughly 114,920 BTC sold, worth about $12.7 billion at current levels, the selling spree has weighed on Bitcoin’s price structure, briefly pushing the market below $108,000 earlier this week. CryptoQuant’s “caueconomy” noted that the trend reflects rising risk aversion among large investors: “Major players are still reducing their portfolios, and this could keep pressure on prices for the next few weeks.” Signs of Slowdown While September began with whales shifting nearly 95,000 BTC in just one week — the largest seven-day change since March 2021 — recent figures suggest the intensity is easing. As of September 6, weekly outflows dropped closer to 38,000 BTC. Despite the drawdowns, Bitcoin has steadied in a narrow trading range, hovering between $110,000 and $111,000 over the past three days. Some in the market, including Bitcoin entrepreneur David Bailey, argue that if selling stops, prices could even climb as high as $150,000. For now, however, the spotlight remains on whale behavior, which continues to dictate near-term momentum. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more… The post Massive Whale Sell-Off Threatens Bitcoin’s Short-Term Rally appeared on BitcoinEthereumNews.com. Bitcoin Large Bitcoin holders have unloaded more than $12 billion worth of BTC in just one month, sparking renewed concern over short-term price stability. Data from CryptoQuant shows whale wallets — those holding between 1,000 and 10,000 BTC — reduced their reserves by over 100,000 coins in the past 30 days. Biggest Sell-Off Since 2022 Analysts describe the outflow as the heaviest whale distribution since July 2022. With roughly 114,920 BTC sold, worth about $12.7 billion at current levels, the selling spree has weighed on Bitcoin’s price structure, briefly pushing the market below $108,000 earlier this week. CryptoQuant’s “caueconomy” noted that the trend reflects rising risk aversion among large investors: “Major players are still reducing their portfolios, and this could keep pressure on prices for the next few weeks.” Signs of Slowdown While September began with whales shifting nearly 95,000 BTC in just one week — the largest seven-day change since March 2021 — recent figures suggest the intensity is easing. As of September 6, weekly outflows dropped closer to 38,000 BTC. Despite the drawdowns, Bitcoin has steadied in a narrow trading range, hovering between $110,000 and $111,000 over the past three days. Some in the market, including Bitcoin entrepreneur David Bailey, argue that if selling stops, prices could even climb as high as $150,000. For now, however, the spotlight remains on whale behavior, which continues to dictate near-term momentum. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more…