neutral
Recently
Large-holder selloff explains sharp Bitcoin drawdown from October peak
Bitcoin’s $40,000 slide from its peak was driven largely by whale selling, though easing losses suggest the worst of the December 2025 correction may be over.
Bitcoin has retreated sharply from its early October record, losing roughly $40,000 from the top in a decline that analysts attribute mainly to selling by large investors rather than retail panic. Data cited in recent reports indicate that so called new whales investors who accumulated Bitcoin near the highs—triggered the bulk of the 32% correction as they rushed to exit positions. Importantly, that pressure appears to be easing.