Bitcoin has been experiencing intense volatility, recently plunging to $102K. The token is now steadily gaining momentum, sitting at $105K at press time, but the recent plunge triggered multiple whales to sell their BTC, with 738 wallets holding 100 BTC cashing out within a week. Is this something to worry about?
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Bitcoin Whales Are Cashing Out
According to a recent update by Ali Martinez, a prominent crypto expert, nearly 738 wallets holding 100 BTC have sold their Bitcoin as of late. The total number of wallets holding 100 BTC fell from 19517 to 18779, signalling the cashing out spree, potentially spurred by the recent Bitcoin plunge.
“Whales are cashing out! Wallets holding over 100 Bitcoin $BTC fell from 19,517 to 18,779 in just one week.”
However, there have been instances where companies like Strategy have continued to purchase the Bitcoin dip, essentially expressing their undying faith in the asset. Strategy has recently purchased nearly 487 BTC, updating its portfolio to 641,692 BTC.
“Strategy has acquired 487 BTC for ~$49.9 million at ~$102,557 per bitcoin and has achieved a BTC yield of 26.1% YTD 2025. As of 11/9/2025, we hold 641,692 $BTC acquired for ~$47.54 billion at ~$74,079 per bitcoin.”
What Experts Say About the Assets’ Future
Starting with Michael Saylor, the expert believes Bitcoin will nevertheless hit high target levels in the near future. The former strategy CEO believes Bitcoin may easily score $150K by year-end, followed by $1,000,000 by the next 4 to 8 years.
Moreover, CoinCodex BTC stats foretell how Bitcoin may easily surge to hit $240K by the year 2030.
“According to our latest Bitcoin price prediction, BTC is forecasted to rise by 138.40% and reach $245,881 by December 11, 2030. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 26 (fear). Bitcoin recorded 15/30 (50%) green days with 3.55% price volatility over the last 30 days. Last update: Nov 12, 2025 – 05:57 AM (GMT+5).”
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