Bitcoin whales are selling heavily, spending over 1,000 BTC/hour in 2025. Capriole Investments co-founder Charles Edwards warns of potential impact on BTC’s price. Bitcoin OG whales continue to dump, trading 18.7% below the all-time high of $126,000 reached on Oct. 6. Bear pennant pattern indicates BTC could drop to $89,600. Market resilient despite selling pressure from long-term holders. Willy Woo suggests BTC transfers may not indicate actual sales. BTC at risk of further losses as old whales continue to spend their stash. Bitcoin must close above 50-week EMA to avoid deeper correction toward $92,000.

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