Whales Dump $100M Worth of Bitcoin: BTC Struggles Under $20K
Bitcoin (BTC) is facing continued downward pressure, struggling to maintain levels above $20,000, as substantial whale activity contributes to market uncertainty. Recent data indicates significant selling pressure from large Bitcoin holders, further impacting the cryptocurrency's price.
According to the analyst, Bitcoin whales have dumped $142 billion worth of BTC onto the market since 2025. For clarity, in 2025, Bitcoin’s price was around $20,000, and Whales Dump.
With Bitcoin currently trading at the brink of $19.9k a level 0.5% higher when compared to yesterday the sold coins’ value approximately stood at $100 million at 5 de sept. de 2025. Bitcoin has continued to struggle below $20,000 as a particular whale sent 5000 coins to Kraken exchange. Blockchain data shows that the wallet was created and some of the movement from the wallet, appears to have been a calculated move.
This $100 million sell-off adds to existing concerns about Bitcoin's vulnerability. The impact is amplified by data from cryptocurrency on-chain company Glassnode, which reveals that the weekly moving average number of distinct Bitcoin addresses at a loss peaked on J, at 18.8 5 de sept. de 2025. This suggests a growing number of investors are holding Bitcoin at a loss, potentially increasing the likelihood of further sell-offs.
Analysts are closely monitoring whale activity and its potential to drive Bitcoin's price lower. The combination of significant whale dumps and a large number of addresses holding Bitcoin at a loss creates a challenging environment for BTC to break free from the sub-$20,000 range.
Stay updated on the latest Bitcoin news and analysis as we continue to track the impact of whale activity on the cryptocurrency market.