Bitcoin Price Prediction: Whales Buy $23 Billion in 30 Days

Published: December 17, 2025

Author: Alejandro Arrieche

Key Points

• Whales have purchased $23 billion worth of Bitcoin in just one month.
• This level of whale activity has not been seen since 2012, when Bitcoin's price surged from $10 to $300.
• Despite a bearish short-term outlook, whale activity suggests a bullish long-term perspective for Bitcoin.

Current Market Overview

Bitcoin (BTC) has experienced a significant drop of nearly 9% in the past 24 hours, stabilizing around $80,000. During this downturn, whale investors have reportedly acquired over $23 billion worth of Bitcoin, totaling 269,822 BTC tokens. This surge in whale buying is the largest seen in 13 years, reminiscent of the 2012 buying spree when Bitcoin was valued at just $10.

Historical Context and Implications

The last major spike in whale buying occurred in 2012, leading to a remarkable 2,900% increase in Bitcoin's price within a year. The current whale activity indicates a strong belief in Bitcoin's long-term growth potential, despite its current bearish trend. Unlike in 2012, when Bitcoin was still an experimental asset, the cryptocurrency market has matured significantly, with institutional investors and governments now actively participating.

Technical Analysis

Currently, Bitcoin's price is under pressure, having broken below its 50-week exponential moving average (EMA), which could lead to further declines. Analysts predict a potential drop to $78,000, representing a 10.3% decrease from current levels. If the bearish trend continues, Bitcoin could fall as low as $58,000, and in a worst-case scenario, it might plummet to $36,000, resulting in substantial losses for recent whale investors.

Long-Term Outlook

Despite the short-term bearish signals, the significant whale purchases suggest that these investors are positioning themselves for a future bullish cycle. They may view Bitcoin as undervalued at $80,000, and their long-term strategy could involve hedging against potential downturns. The current market dynamics indicate that while short-term volatility may persist, the long-term outlook remains optimistic as institutional interest in Bitcoin continues to grow.

Conclusion

In summary, while Bitcoin faces immediate challenges, the unprecedented level of whale buying indicates a strong belief in its future potential. Investors should remain cautious in the short term but may find opportunities for significant gains in the long run as the market evolves.