Key Takeaways:
- Bitcoin whales have offloaded over 114,000 BTC in the past month, the largest sell-off since July 2022.
- The dump, worth $12.7 billion, reflects heightened risk aversion and is keeping downward pressure on Bitcoin prices.
- Despite short-term volatility, Bitcoin remains 87% above its one-year average, with long-term sentiment staying positive.
Large Bitcoin holders, known as whales, have offloaded over 115,000 BTC worth around $12.7 billion in the past month, marking the biggest sell-off since July 2022.
Analysts warn this wave of distribution may continue to weigh on prices in the short term.
The Largest Selloff of Whale Holdings Since 2022
— CryptoQuant.com (@cryptoquant_com) September 5, 2025
“In the last thirty days, whale reserves have fallen by more than 100,000 BTC, signaling intense risk aversion among large investors.” – By @caueconomy pic.twitter.com/miMxsjEW9X
Data from CryptoQuant shows whale wallets shed more than 100,000 BTC in 30 days, signaling heightened risk aversion among major investors.
This heavy selling dragged Bitcoin’s price below $108,000, though it has since stabilized between $110,000 and $111,000.
Whale activity peaked on September 3, when the seven-day shift topped 95,000 BTC, the largest weekly change since March 2021, before moderating to about 38,000 BTC by September 6.
Whales, defined as entities holding 1,000–10,000 BTC, are often seen as market trend indicators, making their moves closely watched by traders.
Despite the downturn, Bitcoin is only down 13% from its mid-August record high, a relatively modest pullback compared to previous cycles.
Analysts note the broader trend remains constructive, with Bitcoin’s one-year moving average nearly doubling from $52,000 last year to $94,000 today, expected to surpass $100,000 next month.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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