Bitcoin could be headed to $150,000, but Nakamoto CEO warns that whale activity will decide how soon the milestone is reached.
By Parth Dubey
Editor Julia Sakovich
Updated
4 mins read
Bitcoin BTC $108 644 24h volatility: 0.3% Market cap: $2.16 T Vol. 24h: $40.82 B could be headed to $150,000 sooner rather than later, but according to David Bailey, CEO of Bitcoin holding company Nakamoto, the road ahead hinges on just two massive market players.
“The only reason we’re not at $150k right now is two massive whales,” Bailey wrote in an X post on Sept. 2. “Once they’re slain (1 down, 1 halfway there)… up only.”
Bailey brought to light the fact that the concentrated selling pressure from large holders continues to dictate the pace of Bitcoin’s rally, for now.
1×1 we get it done
— David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) September 2, 2025
Bitcoin was trading at around $110,240 on Sept. 2, meaning a move to Bailey’s $150,000 target would represent an approximate 36% jump. Yet recent whale activity shows just how easily these players can sway the market.
Late August, one whale sold 24,000 BTC worth $2.7 billion, triggering a flash crash that wiped out $500 million in leveraged positions within minutes.
JUST IN: A Bitcoin whale sold 24,000 BTC worth over $2.7 billion, causing today’s -$4,000 crash in minutes.
They still hold 152,874 BTC worth more than $17 BILLION. 😳
h/t @SaniExp pic.twitter.com/m4aM9JwlAO
— Bitcoin Archive (@BTC_Archive) August 24, 2025
Just days earlier, another long-term whale rotated $4 billion worth of Bitcoin BTC $108 644 24h volatility: 0.3% Market cap: $2.16 T Vol. 24h: $40.82 B into Ether ETH $4 286 24h volatility: 2.6% Market cap: $516.84 B Vol. 24h: $29.43 B via decentralized exchange Hyperliquid, rattling market sentiment.
These moves have left traders on edge. The Crypto Fear & Greed Index recently dipped into “Fear” of 39 on Sept. 2. It is clear that until whales finish offloading their holdings, Bitcoin’s rally may remain slow.
Data from CryptoQuant suggests that Bitcoin’s pullback to $108,000 in August wasn’t triggered by long-term investors abandoning ship but by short-term speculators cashing in on record highs.
Each surge toward resistance levels near $124,000 was met with waves of profit-taking by short-term traders, according to Binance data.
BTC Sell-off Ratios vs. Price Action on Binance | Source: CryptoQuant
Psychological frustration at repeated failures to break past that level also spurred many to exit quickly, amplifying downward pressure. Long-term holders, however, largely stayed put, signaling confidence in the broader market structure.
Exchange-traded products (ETPs) now hold more than 1.47 million BTC, representing roughly 7% of the total supply. BlackRock’s IBIT alone accounts for nearly 747,000 BTC.
🌎 AUGUST Global Bitcoin ETF update 👇 pic.twitter.com/6VkRsTmOU2
— HODL15Capital 🇺🇸 (@HODL15Capital) September 2, 2025
However, global Bitcoin ETPs posted $301 million in outflows in August, while Ethereum products attracted nearly $4 billion in inflows.
Still, forecasts remain bullish with multiple market analysts like Michael Saylor and Robert Kiyosaki predicting Bitcoin as the best crypto to buy before the cycle ends.
As Bitcoin sets its sights on the $150,000 mark, Bitcoin Hyper (HYPER) is drawing growing interest through its ongoing presale. The project aims to solve several of Bitcoin’s long-standing challenges, such as limited transaction speed, high costs, and the absence of built-in smart contracts.
Bitcoin Hyper introduces a high-performance Layer 2 network designed to scale more efficiently. Its architecture routes activity through an optimized virtual machine that allows faster and more affordable transactions. Once processed, these are anchored to Bitcoin’s base layer for security.
This layered framework is meant to deliver both efficiency and the reliability of the Bitcoin blockchain.
The HYPER token is at the heart of the platform, acting as the utility asset that powers the network. It covers transaction fees, provides staking opportunities, and unlocks advanced ecosystem tools, giving it a central role in the project’s functionality.
Currently, HYPER tokens are available at a presale price of $0.012845, presenting early investors with a discounted entry point before the next price revision. So far, the project has attracted over $13 million in funding, signaling significant market interest.
Token Snapshot
With only a short time remaining before the presale price rises, interested buyers can acquire HYPER tokens directly through the official Bitcoin Hyper website. On Coinspeaker, you can read more about how to buy Bitcoin Hyper (HYPER).
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
