{"id":8326,"date":"2025-11-14T19:13:14","date_gmt":"2025-11-14T19:13:14","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/fear-not-bitcoin-whale-selling-doesnt-point-to-a-crypto-meltdown-analysts\/"},"modified":"2025-11-14T19:13:14","modified_gmt":"2025-11-14T19:13:14","slug":"fear-not-bitcoin-whale-selling-doesnt-point-to-a-crypto-meltdown-analysts","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/fear-not-bitcoin-whale-selling-doesnt-point-to-a-crypto-meltdown-analysts\/","title":{"rendered":"Fear Not: Bitcoin Whale Selling Doesn\u2019t Point To A Crypto Meltdown\u2014Analysts"},"content":{"rendered":"

Bitcoin dropped to $96,000<\/a> on heavy selling Friday, and falling risk appetite, leaving traders and analysts parsing whether this is normal profit-taking or a larger turning point for the market.<\/p>\n

According to on-chain and market reports, the drop wiped out more than $700 million in long positions and left November down by more than 10%.<\/p>\n

Whale Transfers Draw Focus<\/h2>\n

Reports have disclosed that a wallet tied to trader Owen Gunden moved 2,400 Bitcoin \u2014 about $237 million \u2014 onto the Kraken exchange, a transfer tracked by blockchain watcher Arkham.<\/p>\n

Based on analysis by Glassnode, long-term holders\u2019 average daily spending rose from over 12,000 BTC per day in early July to roughly 26,000 BTC per day as of this week.<\/p>\n

\n

OWEN GUNDEN JUST SOLD ANOTHER $290M BTC<\/p>\n

Owen Gunden just moved all of the remaining BTC out of his accounts. He deposited over HALF of his holdings directly into Kraken, depositing a total of $290.7M of BTC into Kraken.<\/p>\n

He now has only $250M of Bitcoin remaining. pic.twitter.com\/ZUB3aToAgH<\/a><\/p>\n

\u2014 Arkham (@arkham) November 13, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

That pattern, Glassnode analysts say, looks like orderly distribution by older holders rather than a sudden mass exit. It is being framed as late-cycle profit-taking: regular, steady, and spread out.<\/p>\n

According to Santiment, Bitcoin has fallen below $100K for the second time this month, triggering a burst of fear and worried posts from retail traders.<\/p>\n

\n

\"\ud83d\udcc9\" Bitcoin has dumped below $100K for the second time this month. Predictably, this has caused a wave of FUD and concerned social media posts from retail traders. As shown below:<\/p>\n

\"\ud83d\udfe5\": Significant bullish\/greedy bias (usually when markets are getting too much FOMO, prices will go\u2026 pic.twitter.com\/rowUv3xIMd<\/a><\/p>\n

\u2014 Santiment (@santimentfeed) November 13, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

No Meltdown: Late-Cycle Signals And On-Chain Readings<\/h2>\n

Vincent Liu, CIO at Kronos Research, disclosed that structured selling and steady rotation of gains often show up in late-cycle phases.<\/p>\n

He cautioned that this phase doesn\u2019t automatically signal a final peak, provided there are still buyers ready to take in the extra supply.<\/p>\n

Being in a late cycle doesn\u2019t mean the market has hit a ceiling, he pointed out. It just shows momentum has eased, and bigger forces like macro trends and liquidity are now in control, he said.<\/p>\n

“Rate-cut doubts and recent market weakness have slowed the climb, not ended it,\u201d Liu said. In other words, there’s no meltdown or anything like it.<\/p>\n

On-chain indicators are being watched closely; Bitcoin\u2019s net unrealized profit ratio stood near 0.476, a level some traders interpret as hinting at short-term lows forming.<\/p>\n

That reading is only one of several signals, Liu added, and must be tracked alongside liquidity and macro conditions.<\/p>\n

\n

A closer look at the monthly average spending by long-term holders reveals a clear trend: outflows have climbed from roughly 12.5k BTC\/day in early July to 26.5k BTC\/day today (30D-SMA).
\nThis steady rise reflects increasing distribution pressure from older investor cohorts \u2014 a\u2026 pic.twitter.com\/wECe58CV66<\/a><\/p>\n

\u2014 glassnode (@glassnode) November 13, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Market Pain Came From Stocks And Rates<\/p>\n

The cryptocurrency sell-off<\/a> came as crypto-related stocks plunged. Broader markets were weak as well, with the Nasdaq down 2% and the S&P 500 off 1.3%.<\/p>\n

Cipher Mining fell 14%, Riot Platforms and Hut 8 dropped 13%, while MARA Holdings and Bitmine Immersion slid over 10%. Coinbase and Strategy were down about 7%.<\/p>\n

<\/p>\n

Based on reports, large institutional flows have pressured prices. Firms including BlackRock, Binance and Wintermute reportedly sold more than $1 billion in Bitcoin, a wave of selling that produced a quick 5% drop inside minutes.<\/p>\n

Meanwhile, social sentiment turned sharply negative, and the Crypto Fear & Greed Index hit 15, reflecting “extreme fear”<\/a> among traders.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin dropped to $96,000 on heavy selling Friday, and falling risk appetite, leaving traders and analysts parsing whether this is normal profit-taking or a larger turning point for the market. According to on-chain and market reports, the drop wiped out more than $700 million in long positions and left November down by more than 10%.…<\/p>\n","protected":false},"author":1,"featured_media":8327,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119],"tags":[56,61,70,36,827,320],"class_list":["post-8326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-btc","tag-btcusd","tag-crypto","tag-fed","tag-whales"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=8326"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/8327"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=8326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=8326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=8326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}