Bitcoin News Today: Bitcoin's 2025 Bull Run Sees $6-8 Billion Profit-Taking Wave From New Whales

Bitcoin's 2025 bull run is experiencing a significant third wave of profit-taking driven by new whales—entities holding at least 1,000 BTC—as the cryptocurrency surpassed $120,000 in late July. According to on-chain analytics firm CryptoQuant, this profit-taking phase resulted in realized gains of between $6 billion and $8 billion [1]. These figures align with previous peaks seen in March and December 2024, reinforcing the recurring pattern of Bitcoin's market cycles. The movement is seen as a key distribution event, indicating that major holders are cashing in gains amid heightened market volatility.

Alongside new whales, a long-dormant whale—believed to have accumulated around 80,000 BTC during Bitcoin’s early years—also made a significant exit, realizing $9.7 billion in profits through Galaxy Digital and major exchanges [1]. Despite an initial 4% drop in Bitcoin’s price, the market absorbed the large volume quickly, showcasing strong demand and resilience. This suggests that the crypto market is maturing, as large-scale liquidations no longer cause prolonged price corrections.

The impact of these profit-taking waves extends beyond price movements. They reflect broader institutional involvement and liquidity dynamics, both of which are crucial for sustaining Bitcoin’s long-term bull market. Analysts note that such events often precede cooling phases or short-term corrections, yet they also indicate a healthy market structure where supply is effectively absorbed.

Bitcoin’s performance in 2025 has further outpaced traditional assets. While the S&P 500 hit record highs, it still trails Bitcoin by about 15% year-to-date. Since 2012, Bitcoin has outperformed the S&P 500 by nearly 100%, according to Bitbo data [1]. This continued outperformance highlights Bitcoin’s growing role as an alternative store of value and inflation hedge.

For investors, tracking whale activity has become an essential tool in navigating the crypto market. On-chain analytics platforms like CryptoQuant allow investors to monitor large transactions and profit-taking events, offering insights into potential turning points in the market. Understanding the behavior of both new and old whales can help investors anticipate volatility and make more strategic decisions regarding entry and exit points.

The third profit-taking wave underscores the importance of institutional participation in Bitcoin’s price action. It also raises questions about the sustainability of the current bull run. However, the rapid price recovery after major sales suggests that demand remains robust, and the market is adapting to large-volume events without excessive instability.

Overall, the July 2025 profit-taking wave highlights the dynamic interplay between institutional actors and retail sentiment. As new whales capitalize on gains and old whales re-enter the market, the crypto landscape continues to evolve. Investors are advised to remain vigilant, using on-chain data to stay ahead of market shifts and capitalize on emerging opportunities.

Source:

[1] Bitcoin Sees Possible Third Major Profit-Taking Wave Driven by New Whales Amid Market Fluctuations July 31, 2025

https://en.coinotag.com/bitcoin-sees-possible-third-major-profit-taking-wave-driven-by-new-whales-amid-market-fluctuations/