
Bitcoin may only reach the $150,000 mark once two major whales finish selling, according to David Bailey, CEO of Bitcoin holding company Nakamoto.
Bailey said in an X post on Tuesday that the “only reason” Bitcoin is not already at $150,000 is due to selling pressure from two large holders.
“Once they’re slain (1 down, 1 halfway there)… up only,” Bailey wrote.
Whale Activity Pressures Bitcoin
Bitcoin is currently trading at around $110,240, down nearly 3% over the past month. A move to $150,000 would represent a 36% increase from current levels.
Large whale transactions have rattled the market in recent weeks:
On Aug. 21, a whale sold around $4 billion worth of Bitcoin, rotating into Ether after holding for more than five years.
On Aug. 24, another whale sold 24,000 BTC worth $2.7 billion, sparking a flash crash that liquidated $500 million in leveraged positions.
Analysts See Upside Beyond $150K
While Bailey points to $150,000 as the next major milestone, other analysts are even more bullish.
Steven McClurg, CEO of Canary Capital, sees a greater than 50% chance of Bitcoin reaching $140K–$150K before the next bear market.
Alex Thorn, head of research at Galaxy Digital, projects Bitcoin could trade between $150K–$180K by the end of 2025.
Arthur Hayes (BitMEX co-founder) and Tom Lee (Fundstrat co-founder) have both suggested Bitcoin could rise to $250K before year-end.
Market Sentiment
The Crypto Fear & Greed Index recently slipped into “Fear” before returning to a neutral reading of 49 this week, reflecting ongoing uncertainty as whale selling and macroeconomic factors weigh on sentiment.

About to dive harder...
Gearing up for a new all-time high.
Trade the $116.5K “Magnet” Level
Long Volatility (Yes, It’s Back)
Follow the Whales — or Trade Against Them
Ride the Rate Cut Narrative
TL;DR: The market may be shaky, but opportunities are everywhere right now — whether you trade, stack, or just monitor macro moves.

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How to Make Money on Whale Dumps


️ Bottom Line
Don’t just fear the whales — profit from them.
The Proposal
Why It Matters
️ Risks & Concerns
Takeaway

Key Developments
Gold vs BTC
️ Seasonality Check
Wall Street’s been sleeping on $T for too long…
Watch how price is bouncing off the lower trendline with strong volume support — a classic accumulation signal.
Break above this descending resistance, and we could easily see momentum carry it back toward the $27–$30 range.
Why the Difference?
️ Industry Trend

How the Scam Works
Protect Yourself
How They Measured It
Slovenia’s Crypto Edge
How They Build Trust



