Bitcoin faces downward pressure as prices plunge nearly 20% amid large whale selloffs on major exchanges in November 2025, with significant institutional ETF withdrawals noted.
This downturn emphasizes market volatility tied to institutional actions and macroeconomic policies, influencing investor sentiment and triggering substantial asset reallocation.
Bitcoin has seen its price plummet by roughly 20%, driven by substantial sales from large-scale holders, impacting the broader cryptocurrency market.
The decline signals potential market instability, with significant implications on institutional and retail investors, highlighting the vulnerability of Bitcoin to concentrated selling efforts.
Whales Offload 38.4k BTC, Triggering Market Decline
The recent selloff in Bitcoin was primarily driven by large holders, or "whales," initiating major sales. Whales sold 38.4k BTC, exerting substantial downward pressure on the market. This action follows a period of relative stability for Bitcoin.
Institutional actions added to selling pressures, with over $1.15B withdrawn from Bitcoin ETFs. These movements have intensified concerns among market participants about the potential for continued declines in the short term.
Altcoins Suffer Amid Bitcoin's ETF Withdrawals
The selloff caused Bitcoin prices to tumble, impacting altcoins like Ethereum, which fell to $3,303. Markets reacted swiftly to these developments, with liquidations and further selling pressure reported across platforms.
This episode underscores vulnerabilities within crypto markets to major selloffs. Financial implications are significant, influencing investor confidence and market positioning amid a tumultuous macroeconomic environment.
2022 FTX Collapse Offers Insight into Market Sensitivity
Past corrections, such as during the 2022 FTX collapse, highlight the crypto market's sensitivity to large-scale selloffs. Similar historical events have triggered extensive declines throughout the ecosystem.
Based on historical patterns, experts predict a potential recovery or continued volatility. Options markets hedging suggests preparations for further downturns, reflecting prevailing uncertainties and market caution.
Cryptocurrency prices continued to slide and were pushed lower by a lack of positive macro news. There appears to be a big skew of selling on a major exchange which would back up the on-chain analysis indicating this is old BTC whale selling pressure. Dumping billions gradually into the ecosystem over the course of the last few days is not panic selling. - Paul Howard, Wincent