Be Careful of False Hopes! Analyst Says Bitcoin Whales Are Selling
2025-04-16
Right when Bitcoin (BTC) seemed to show signs of recovery, a surprising move from one of its largest holders has sent a wave of concern through the community.
A major Bitcoin whale has offloaded thousands of BTC at a loss, contradicting the early optimism many traders have started to build. Could this be a red flag in disguise? Check here!
Bitcoin Whale Sells 1,200 BTC at a $31.8 Million Loss
One of the biggest Bitcoin whales has just sold 1,200 BTC at an average price of $82,171, even though those same coins were bought around four months ago at $98,896. That’s a realized loss of $31.8 million—a bold and perhaps troubling signal to the market.
The same wallet has reportedly been unloading BTC in chunks, consistently transferring between 200 and 400 BTC to Binance. Just hours ago, another 400 BTC was sent there, continuing a pattern of calculated offloading.
According to analysts, this may reflect more than just bad timing—it could signal a lack of confidence in Bitcoin’s short-term trajectory.
Strategic Offloading Despite Bearish Conditions
Over the last month, this particular whale has moved at least 1,800 BTC, totaling over $148 million in value. This isn’t random panic selling—it appears to be a strategic capital rotation during uncertain market conditions.
Interestingly, blockchain records show this whale had staked 400 BTC on Babylon when Bitcoin was near its recent peak. Instead of waiting for a price rebound, the wallet chose to cut losses and exit.
The repeated selling at a loss suggests the whale may believe the recent recovery signs are premature—or even misleading.
Bitcoin Demand Rebounds, But Not Enough
Despite the bearish selling pattern, not everything is negative in the Bitcoin world. The Apparent Demand metric, which measures the 30-day volume of BTC transfers, has recently started to rise again after weeks in decline.
From a low below -200,000 BTC in April 2025, this figure now hints at a gradual return of market interest.
Between November 2024 and January 2025, strong demand helped push Bitcoin prices up, but from February onward, the market cooled off significantly.
Analysts believe the recent uptick may be an early sign of re-accumulation, though they warn that the evidence isn’t strong enough to confirm a bullish reversal just yet.
Resistance Levels and Key Price Zones to Watch
Currently, Bitcoin is trading at around $84,860, showing some resilience. On the technical side, the MACD indicator and weekly price chart show hints of a possible bullish trend forming.
In previous cycles, a similar MACD setup preceded strong rallies—if the price managed to break past resistance levels.
At present, the next major resistance level is at $86,000. A successful breakout above $92,000 could pave the way for a move toward $97,000, but if BTC gets rejected again, the price may fall back toward the $79,000 support zone.
With such uncertain signals, traders are advised to stay cautious and avoid jumping in based purely on short-term optimism.
Whale Selling Continues to Weigh on Sentiment
Although some whales are still accumulating—evidenced by 37,000 BTC being moved out of exchanges recently—the impact of ongoing large-scale sales by certain major wallets cannot be ignored. These moves cast doubt over whether the market is truly ready for a bullish reversal.
The market appears to be stuck in a tug-of-war between growing demand and heavy whale-driven sell pressure. Until clear confirmation emerges, analysts recommend traders hold off on celebrating a new bull run.
FAQ
Q: Why are Bitcoin whales selling now, even at a loss?
A: Whales might be rotating capital, managing risk, or expressing a lack of short-term confidence. It could also be part of a broader strategy based on technical indicators.
Q: Is Bitcoin still a good investment in 2025?
A: It depends on your risk tolerance and investment horizon. While some metrics show early recovery, whale sell-offs signal potential short-term instability.
Q: What price levels should BTC investors watch?
A: Key levels include $86,000 (resistance), $92,000 (bullish breakout), and $79,000 (support). Movement beyond these zones may determine the next trend.
Q: What does 'Apparent Demand' mean in crypto markets?
A: It's a metric tracking the total 30-day sum of BTC transfers, helping measure how actively Bitcoin is being used or moved—indicating interest and demand.
Q: Can whale selling crash the market?
A: Not always, but significant whale sell-offs can spook retail traders and trigger a wave of selling. It often causes price dips or delays bullish momentum.
Read more about Bitcoin (BTC):
Bitcoin Price (BTC), Market Cap, Price Today & Chart History
BTC to USD: Convert Bitcoin to US Dollar
Disclaimer: The content of this article does not constitute financial or investment advice.
