Bitcoin New Whales Realize $1B Losses: Capitulation Risk Looms Below $110,800 Breakeven

• Record Losses: New whales lost $515.1 million on November 7 alone, the highest single-day figure in the period.

• Accumulation Surge: Active whale addresses holding over 450,000 BTC in 2025, up from 150,000 in early 2024.

• Price Pressure: Bitcoin trades at $106,000, 4.4% below breakeven, raising capitulation risks with weak momentum indicators.

Discover how Bitcoin new whales face $1B+ losses in 2025, their accumulation trends, and capitulation risks. Stay informed on BTC price dynamics for smarter investment decisions—read now for key insights.

What Are Bitcoin New Whale Losses in 2025?

Bitcoin new whale losses refer to the realized financial hits taken by large-scale investors who recently entered the market at higher prices. From October 28 to November 8, 2025, these entities recorded over $1 billion in losses as Bitcoin’s price fell below their average cost basis of $110,800. This situation highlights the volatility affecting fresh accumulators during a post-peak correction.

How Did Recent Bitcoin Whale Accumulation Contribute to These Losses?

New whale activity intensified throughout 2025, with addresses active in the last 24 hours holding more than 450,000 BTC, a sharp rise from 150,000 BTC in early 2024, according to data from CryptoQuant. These investors aggressively bought during the rally to the October all-time high of $126,296, often entering above $110,000. Now facing a 4.4% deficit at current levels around $106,000, they have realized substantial daily losses, including $515.1 million on November 7, $286.4 million on November 4, $107.5 million on November 6, and $90.7 million on November 5. This underscores the risks for late entrants in a bull market that has since cooled.

Source: CryptoQuant

The disparity between veteran whales profiting at peaks and newcomers absorbing losses could exacerbate market instability if selling intensifies. Analysts from CryptoQuant emphasize that these cohorts are now “feeling the heat,” with unrealized losses compounding the realized ones.

Frequently Asked Questions

How Much Have Bitcoin New Whales Lost Recently?

Bitcoin new whales realized more than $1 billion in losses between October 28 and November 8, 2025. The peak loss occurred on November 7 at $515.1 million, driven by sales below the $110,800 average entry price, per CryptoQuant metrics.

What Is the Capitulation Risk for Bitcoin’s Current Price Trend?

With prices hovering around $106,000 and new whales underwater, there’s heightened risk of panic selling if Bitcoin doesn’t surpass $110,800. Weak technical signals, like a Money Flow Index of 43.15, suggest indecision, potentially leading to further declines if large holders capitulate.

Key Takeaways

• Massive Losses Recorded: New whales absorbed over $1 billion in realized losses in under two weeks, peaking at $515.1 million on a single day.
• Accumulation Boom: Whale holdings tripled to 450,000 BTC in 2025, but current prices leave them 4.4% underwater.
• Capitulation Watch: Monitor the $110,800 resistance; failure to break it may trigger broader selling and price drops.

Source: CryptoQuant

New Bitcoin Whale Accumulation in 2025

The surge in new whale participation has been a defining feature of Bitcoin’s 2025 performance. Data from CryptoQuant indicates that balances in whale addresses active within the last 24 hours grew dramatically, reaching over 450,000 BTC by late 2025. This represents a threefold increase from the approximately 150,000 BTC held in early 2024, reflecting strong conviction among institutional and high-net-worth investors during the upward trajectory.

These accumulations occurred primarily as Bitcoin pushed past $110,000 en route to its October peak of $126,296. However, the subsequent retreat has left many of these positions in the red, amplifying the realized losses reported. Veteran whales, in contrast, have offloaded portions of their holdings at elevated prices, creating a notable divide in market behavior.

Experts note that such patterns are common in bull cycles, where early participants benefit while latecomers bear the brunt of corrections. The current environment, with Bitcoin trading below key averages, tests the resolve of this expanding cohort.

Building Capitulation Risks for Bitcoin

Capitulation risks are mounting for Bitcoin as new whales grapple with sustained underwater positions. The cryptocurrency dipped below $100,000 on November 4, 2025, hitting $99,966 for the first time since June—a 21% drop from the October high. Although it has rebounded to around $106,000, it lingers below the pivotal $110,800 breakeven threshold for recent accumulators.

Source: TradingView

Technical analysis reveals subdued momentum, with the Money Flow Index at 43.15 signaling balanced but uncommitted flows. Recent whale movements show minimal activity at 0M, indicating hesitation among large players. If Bitcoin fails to reclaim $110,800, the likelihood of forced selling rises, potentially cascading into wider market liquidations.

Outlook for Bitcoin New Whales and Market Stability

New whales must decide between enduring losses in hopes of recovery or exiting positions to mitigate further damage. Breaking above $110,800 would signal renewed strength and ease pressures on this group. Conversely, persistent failure at this level heightens capitulation odds, which could drive prices lower and impact overall sentiment.

Data from CryptoQuant highlights that while old whales have secured gains, the influx of new participants has created vulnerability points in the ecosystem. Market observers, including those at TradingView, stress monitoring these dynamics closely, as whale behavior often precedes broader trends.

Conclusion

In summary, Bitcoin new whale losses exceeding $1 billion in late 2025 underscore the perils of late-cycle accumulation, with the cohort’s average cost basis at $110,800 now acting as a key barrier. As technical indicators remain neutral and capitulation risks loom, investors should watch for price action around this level. Looking ahead, a sustained push above $110,800 could stabilize confidence, but ongoing monitoring of whale flows is essential for navigating Bitcoin’s volatile landscape—consider diversifying strategies to manage such exposures effectively.