Bitcoin hodler whales are threatening to push the cryptocurrency’s price down to $90,000 by November 2025.
Cryptocurrency investor Charles Edwards published a chart showing that the wealthy investors who bought BTC before 2018 have been actively selling the coins this year, apparently seeking to lock in huge profits. Eight years ago Bitcoin was worth about $10,000, and in 2025 its price exceeded $100,000, respectively, whales increased their capital by 10 or more times.
Bitcoin hodler whales selling up to $100 million (orange lines) and up to $500 million (red lines)
Among the wealthy people who got rid of BTC was Owen Gounden, who sent it to the exchange on November 8 Kraken 3,600 bitcoins worth $372 million. Analysts at research company Lookonchain suggest that he will sell his remaining 3,100 BTC in the near future.
If the bigwigs continue to sell their coins on the market, then Bitcoin The price will fall significantly. This is evidenced by the bearish flag pattern forming on the chart. Judging by the height of the flagpole, the coin’s price will fall to $90,000, thereby declining by 11% from its current value. If the bulls manage to break the support barrier at $100,000, the price of Bitcoin should rise to $110,000.
Possible fall in BTC price