Large Investors sell 140,000 BTC, price falls 20% to $45,000

ForkMaster · 2025-07-19T17:34:18+00:00

Recent data shows that Large Investors sold about 140,000 Bitcoins in February, leading to a big dump of over 20% in Bitcoin's price within a few days. This aligns with the reduction in Holdings by Large Investors and the market downturn. Furthermore, the Bitcoin ETF launched in Canada holds over 10,000 Bitcoins, which may impact future price movement.

ForkMaster

2025-07-19 17:34:18

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Recent on-chain data shows that large investors holding significant amounts of Bitcoin sold approximately 140,000 Bitcoins in February, with a total value exceeding $6.5 billion. These addresses, which hold between 1,000 to 10,000 Bitcoins, began dumping their holdings in the last few days after accumulating Bitcoin substantially in the past few weeks. This selling behavior coincides with a sharp decline in the market, and it may be one of the main reasons for the drastic drop in Bitcoin prices.

Bitcoin reached a historical high of $58,400 a week ago, but then fell more than 20% in just a few days, currently trading around $45,000 to $46,000.

Data analysis shows that from March 2020 to early February 2021, the number of Addresses holding more than 1000 Bitcoins increased by over 14%. This period is referred to as the “Large Investors Growth Season” for Bitcoin. During this time, the price of Bitcoin soared from a low of $4000 to nearly $60,000. However, last week, these large investors seemed to choose to take profits, significantly reducing their holdings.

It is worth noting that the recently launched Bitcoin ETF product in Canada currently holds over 10,000 Bitcoins, valued at nearly $500 million. As the first such product in North America to receive regulatory approval, it may have a significant impact on the adoption of Bitcoin and its long-term price trend.

BTC-1,83%

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