September 2025 has seen increased pressure on the Bitcoin market as major holders began a mass sell-off of the cryptocurrency. This phenomenon has impacted Bitcoin's price and associated institutions.
Whales' Pressure on Bitcoin Market
Recently, there has been significant pressure on Bitcoin due to whale sell-offs, with over 114,920 BTC distributed. Data from CryptoQuant indicates that the main sellers are entities holding between 1,000 to 10,000 BTC. This control over sell-offs has led to changing market sentiments, causing prices to drop below $108,000.
Impact on Institutional Investments
Institutional players also felt the pressure, withdrawing $751 million from Bitcoin ETFs. The decline in institutional interest became evident as the Coinbase Premium Index fell from 100 to 11.6, indicating diminished demand from institutional investors.
Outlook and Projections
Despite current challenges, forecasts for the fourth quarter suggest potential upside if there are favorable ETF inflows and macroeconomic stability. However, price targets in the range of $150,000-$250,000 depend on demand recovery and capital accumulation in the market.
Under the current circumstances, Bitcoin requires a restoration of interest among major holders and institutional investors to stabilize the market and prevent further price declines.
