Bitcoin Dips 20% as Whales Sell: Impact on Altcoins and Market Instability

Bitcoin’s price experienced a significant drop, plummeting nearly 20% in November 2025, driven by large-scale sales from prominent investors known as ‘whales.’ This move follows a period of relative stability for the cryptocurrency. Institutional investments, particularly in Bitcoin ETFs, also contributed to selling pressures and resulted in over $1.15 billion being withdrawn, raising concerns about market volatility. 38.4k BTC were sold by whales on major exchanges, leading to further price drops across the broader crypto market, with significant impact on altcoins like Ethereum.