One of the Bitcoin Bitcoin whales – Investor adults – liquidated the full balance of its 24,000 currency portfolio and transferred it to the hyperunite platform.
A huge sale by a Bitcoin whale sparked a large wave of market qualifications, which prompted its price to a major support area close to $ 113,000. A main investor sold 24,000 BTC on Sunday at a value of around 2.7 billion dollars, resulting in a price drop of around $ 4,000 in minutes. However, this whale still maintains an enormous amount of 152,874 BTC currencies exceeding $ 17 billion.
Just inside: a bitcoin when 24,000 BTC worth more than $ 2.7 billion, causing an accident of $ 4,000 today.
They still hold 152,874 BTC work more than $ 17 billion.
h / t @Saniexp pic.twitter.com/m4am9jwlao– Bitcoin archive (@btc_archive) August 24, 2025
According to Sani – Data Analyst on Bitcoin Blockchain and the founder of the Timechain index (Timechain), the royal authority has liquidated its full balance of 24,000 bitcoin and sent to the hyperunite trading platform, knowing that these currencies have been inactive currencies for more than five years.
Only Sunday, on Sunday, 12,000 BTC currencies were sent to the hyperunite trading platform, and Sani wrote on the X platform that the whale “always makes an active sale”.
The price of bitcoin is less
According to the leading analyst of the Bitcoin market, Willy Woo, the slowness of the price of money during the current market cycle is due to the concentration of the offer in the hands of the whales whose possessions reached their highest point in 2011, and added: “They bought Bitcoin currencies at $ 10 or less, and this takes more than $ 110,000 of the new capital to absorb each currency. They sell it. ”
Why does the BTC go up this cycle so slowly?
The BTC supply is concentrated on art when who culminated their assets in 2011 (dark orange and orange).
They are BTC at $ 10 or less. It takes $ 110,000 + new capital to absorb each BTC they sell. pic.twitter.com/7cbwxsvx2l– Willy Woo (@woomic) August 24, 2025
This indicates that the difference in value, supply and speed of sales has a great impact on the amount of the new capital required to pay the price.
In addition, a number of Bitcoin (Ethereum-Eth) owners, MLM, said one of the whales sold 18,142 BTC currencies worth $ 2.04 billion and transformed most of them into ETH.
He wrote on the X platform, explaining: “So far, these two parties have bought 416,598 Ethereum currencies, which is equivalent to $ 1.98 billion out of this total, 275,500 currencies were occupied by $ 1.3 billion.”
Meanwhile, the last whale sold on Thursday 670 Bitcoin currencies of $ 76 million to open a speculative agreement at the high price of Ethereum.
For his part, Jacob King, Whalewire CEO, wrote on the X platform: “When the whale started to sell its currencies, it was also a panic wave that prompted other traders to sell, which increased the decline in the price … Most of the funds were transferred to Ethereum, with the purchase of $ 2 billion and a value of 1.3 billion dollars. “
Will Bitcoin currency recover after its sudden drops?
Bitcoin dropped from 2.12% to $ 112,692 to 12:26 p.m. American Sunday, and continued to decrease $ 110,500 for a short period, according to CoinmarkCap data. Read the relative force index for 7 days ((RSI-7 of 40.72 to excessive sale, without any sign, unlike management.
Nevertheless, market experts believe that this negative momentum is in the short term and does not represent a strong sign. For example, Alex Krüger-Akee Capital Founder and Digital Currency Trader on the X platform that the high price of Bitcoin (Bitcoin) can easily return “once short-term momentum fades and the price of $ 113,500-114,000.
For its part, the Carto Figay Boyapati Expert said that the current cycle is “one of the biggest benefits in history”.
No paper btc plot is required. The price has stalled because a number of what has reached their magic number and discharge. This is healthy – their support is over and their saddle is necessary for the complete monetization of bitcoin.
Massive supplies blocks, with … https://t.co/vmycz9ntye– Vijay Boyappati (@real_vijay) August 25, 2025
He added: “The price has settled relatively because a certain number of whales have reached the target price level for them and began to sell their goods. It is a healthy question, since their supply is limited, and these sales operations are necessary to benefit fully from bitcoin.”
The position is one of the Bitcoin-BTC whales which sells 24,000 BTC currencies, resulting in a sudden drop in its price, while it maintains a value of more than $ 17 billion in the currency appeared first on Arab Cryptonews.