NewsBTC
Nov 24, 2025
4 0

Bitcoin Drops 30% Amid Large Holder Sales and ETF Outflows

Bitcoin Market Dynamics

  • Bitcoin has decreased over 30% from its peak of $126k, currently trading around $85,500 after dipping to $82k.
  • Market liquidity is low, leading to larger price swings.

Investor Warnings and Market Movements

  • Peter Schiff warns that Bitcoin might be experiencing an "IPO moment," with long-term holders selling, increasing market supply.
  • Recent on-chain data shows significant movement from long-term holders, correlating with major ETF outflows.
  • Whales moved over 400,000 BTC in October, contributing to selling pressure. Notable sales include Owen Gunden's 11,000 BTC liquidation and Robert Kiyosaki's sale worth $2.25 million.

ETF Outflows and Retail Sentiment

  • Bitcoin ETFs experienced nearly $1 billion in outflows in one session, with BlackRock’s IBIT losing $355 million, and Grayscale’s GBTC and Fidelity’s FBTC each losing about $200 million.
  • Overall, $4 billion in net outflows occurred over the past month. Each $1 billion withdrawn could result in a 3.4% price drop for Bitcoin.
  • Despite outflows, recent reports show $238 million in ETF inflows, indicating potential for quick reversals.

Schiff emphasizes that large holder movements can lead to significant market impacts. Observers should monitor these activities closely, as veteran holder actions may predict future price changes.