As reported by Bijié Wǎng, CryptoQuant's recent analysis has identified whale selling as a major factor behind Bitcoin's price drop from $124,000 to $84,000. The decline occurred during a broader bearish phase from early October to December 2025. According to the data, new large holders realized significant losses, intensifying downward pressure on the price. Whale selling activity accelerated in late October, with realized profits reaching up to $400 million per day. By November, losses surged to $600 million per day, directly contributing to the price plunge. Whale selling has since eased, with Bitcoin stabilizing around $87,000. Analysts remain divided on whether the market will recover or face further declines.
CryptoQuant Analysis Reveals Whale Selling as Key Factor in Bitcoin's 32% Price Drop
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Whale movement has played a major role in Bitcoin analysis as the price fell 32% from $124,000 to $84,000. CryptoQuant data shows whale selling intensified from early October to December 2025, with daily losses hitting $600 million in November. Whale movement slowed by late December, helping Bitcoin stabilize near $87,000. Bitcoin analysis suggests the market remains uncertain, with analysts split on the next move.
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