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Big Money is Leaving Bitcoin – What Does This Mean for BTC Price?

Big Money is Leaving Bitcoin – What Does This Mean for BTC Price?

CryptoNewsCryptoNews2025/03/11 05:00
By:Arslan Butt
Last updated: March 10, 2025 15:21 EDT
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Bitcoin has dropped below $78,000, losing over 5% today and more than 23% since February 2025. The rapid decline signals growing unease among investors, with institutional players and large holders scaling back their positions. This shift raises concerns about Bitcoin’s near-term trajectory, as reduced whale activity often precedes further downside.

Adding to the uncertainty, former President Donald Trump’s executive order establishing a Strategic Bitcoin Reserve initially sparked excitement but quickly led to disappointment. Instead of buying Bitcoin outright, the government plans to use seized BTC, crushing hopes of large-scale acquisitions.

The market’s response? Bitcoin tumbled below $78,000, reflecting investor discontent before attempting a modest recovery.

Bitcoin Whale Holdings Plunge – A Warning Sign?

Whale holdings, a key indicator of institutional confidence, have dropped to their lowest level in six years. According to IntoTheBlock , the amount of BTC held by large investors has fallen to 2019 levels, coinciding with Bitcoin’s struggle to maintain momentum above $90,000.

The aggregate amount of BTC held by whales has dropped to its lowest since 2019, marking a six-year low! pic.twitter.com/VnYNHZG7Bb

— IntoTheBlock (@intotheblock) March 8, 2025
  • Bitcoin has lost ground for two consecutive weeks, pressured by increased selling.
  • Net flows among large holders have dropped by 85% in seven days, showing reduced confidence.
  • More Bitcoin is leaving whale addresses than entering, signaling a shift in behavior.

This retreat from long-term holders suggests growing concerns about Bitcoin’s ability to sustain its past gains. Historically, whale sell-offs often precede deeper corrections, making this a trend worth watching.

Bearish Forecasts Emerge – Could BTC Drop to $70K?

Market analysts are turning increasingly cautious. Bloomberg Intelligence’s Mike McGlone warns that Bitcoin could mirror the Nasdaq 100’s post-dot-com collapse, where the index fell 80% after its peak. His BTC price target? $70,000 this year.

The reasoning is simple: macro uncertainty and tighter monetary policy are driving investors toward safer assets like gold, while Bitcoin is behaving more like a risk-on asset tied to broader market cycles.

  • Stock market volatility is adding pressure on BTC as investors offload high-risk holdings.
  • Federal Reserve policy remains a key driver, with interest rates influencing liquidity.
  • If inflation stays high, Bitcoin could struggle further, following traditional assets lower.

Bitcoin Breaks Below $80K – Is $76K the Next Target?

Bitcoin (BTC/USD) is under continued selling pressure, currently trading at $78,479, down 1.91% in the last session. The price has breached the $80,000 psychological support and is testing the key $78,196 support zone. If this level fails to hold, BTC could slide further toward $76,198 and possibly $74,417.

Big Money is Leaving Bitcoin – What Does This Mean for BTC Price? image 1

BTC remains below the 50-period EMA ($86,039) and the descending trendline, reinforcing bearish momentum. Bulls need a reclaim of $83,568 for a potential recovery.

Until then, the bearish trend dominates, with lower support levels acting as key decision points for traders.

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Big Money is Leaving Bitcoin – What Does This Mean for BTC Price? image 2

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  • Current Presale Price: $0.002405 per BTCBULL
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With investor interest surging, this presale offers an opportunity to secure BTCBULL at early-stage prices before the next price jump.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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