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Bitcoin News Today: "Massive $8.9M WBTC Sell-Off by Whale Exposes Leverage Risks in Crypto's Unstable New Age"

Bitcoin News Today: "Massive $8.9M WBTC Sell-Off by Whale Exposes Leverage Risks in Crypto's Unstable New Age"

Bitget-RWA2025/11/08 02:44
By:Bitget-RWA

- A crypto whale sold $8.9M in WBTC on Nov 5, 2025, amid market turbulence and leveraged position liquidations. - The sale followed a 14-year BTC accumulation strategy, highlighting Bitcoin's 100x price surge from $1.54 to $100K+. - Leveraged WBTC longs faced $31.47M liquidation as BTC dipped below $101K, exposing fragility of leveraged bets. - A whale averted liquidation by selling 465.4 WBTC/2,686 ETH to repay $56.52M debts during sharp price swings. - BTC's 15% 30-day decline raises sustainability conce

On November 5, 2025, a prominent crypto whale made headlines by offloading 87.12

(WBTC), valued at nearly $8.9 million, amid heightened market volatility. This transaction took place alongside broader market disruptions, such as a significant long position being liquidated due to leverage and a major investor reducing exposure to sidestep forced liquidation. These events highlighted the mounting risks associated with leveraged trading and the substantial impact whales can have on crypto market liquidity.

This sale came after a mysterious trader had spent 14 years accumulating

(BTC), reportedly acquiring 10,000 at $1.54 each and later selling them for $1 billion in October 2025, according to .
Bitcoin News Today:
Crypto analyst Ted Pillows detailed this transaction, which showcased Bitcoin’s remarkable rise in value—from below $1,000 in 2011 to surpassing $100,000 by 2025. Still, the recent downturn, with BTC falling to $104,026.85—a 3.5% drop in just 24 hours—has fueled worries about more whale-led sell-offs potentially deepening the decline, as highlighted by Yahoo.

The turbulent conditions also led to a leveraged WBTC long being liquidated. Blockchain analytics firm PeckShield revealed that a trader used an Aave flash loan to borrow USDT and open a WBTC position, which was liquidated for $31.47 million when BTC slid below $101,000. This underscores the vulnerability of leveraged trades in an environment where liquidity is tightening, according to

. At the same time, another whale managed to avoid liquidation by selling 465.4 WBTC and 2,686 ETH, settling $56.52 million in debt. The trades, carried out at an average of $102,722 per WBTC and $3,244 per ETH, reflected prudent risk management during intense price fluctuations, .

Bitcoin’s 15% decline over the past month has cast doubt on the durability of its 2025 surge. While MicroStrategy’s Michael Saylor remains optimistic, forecasting a year-end price of $150,000, the market is contending with economic uncertainty and evolving regulations. The recent whale trades and liquidations have brought renewed attention to on-chain risk indicators and the outsized influence of large holders on market sentiment.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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