New Bitcoin Whales Capitulate, Realize $1.3B Loss in Intense Sell-Off
In recent weeks, Bitcoin’s price dipped below $100,000 amid heightened volatility as new whale addresses realized more than $1.3 billion in losses over six days, according to CryptoQuant’s Realized Profits by Whales metric. This marks one of 2025’s largest capitulation events by late entrants. The sell-off has been driven by forced or panic-driven exits, likely due to loss aversion and unwinding of leveraged positions. Despite this pressure, Bitcoin has held the $100,000–$105,000 support range. Historically, concentrated realized losses among large holders can trigger volatility spikes that either mark local bottoms or lead to extended deleveraging. Market participants will watch whether this wave of capitulation signals a deeper bearish trend or a short-term shakeout preparing the ground for renewed buying.
Bearish
The wave of capitulation by new Bitcoin whales reflects forced selling and panic exits, which typically exert downward pressure on price in the short term. Realized losses exceeding $1.3 billion in six days signal a strong mood shift among late entrants, increasing market uncertainty. While Bitcoin has so far held key support between $100,000 and $105,000, similar past events—such as the 2021 and 2022 whale sell-offs—led to near-term price drops before any recovery. Traders should prepare for heightened volatility and potential further declines as weaker hands exit. In the long term, this shakeout could clear excess leverage, but near-term bias remains bearish until clear re-accumulation by stronger hands emerges.