Крупные инвесторы биткоина теряют $1 миллиард на фоне падения рынка Translation: Headline: Major Bitcoin Investors Lose $1 Billion Amid Market Decline

Major investors who purchased the first cryptocurrency at around $110,800 have begun to liquidate their losses en masse, as noted by analysts at CryptoQuant.

Since October 28, Bitcoin has been trading below the average purchase price of this new cohort of whales. This has triggered a wave of profit-taking that peaked on November 7 at -$515.1 million.

Overall, from November 4 to 8, these investors lost over $1 billion.

Previously, experts also reported unprecedented activity among long-term Bitcoin holders transferring large amounts of cryptocurrency to exchanges. However, they pointed out that the pressure from selling was being offset by new buyers who remain committed.

The price of digital gold fell to $105,000 after recovering to around $107,300. According to CoinDesk analysts, the attempted rise followed by a decline reinforced the significance of an earlier bearish breakdown.

They emphasized that the current trend has heightened concerns regarding the formation of a «death cross»—a bearish pattern where the 50-day moving average dips below the 200-day moving average.

To invalidate this negative scenario, experts stressed the need for Bitcoin to confidently break above $107,250.

A trader known as Sykodelic anticipates that Bitcoin will hit a local bottom within the next five days. His analysis is based on data from «death cross» patterns over the past seven years, beginning with the bullish rally of 2017.

After each bearish pattern formation, there has been an increase of at least 45% from the lows. If digital gold follows historical trends, it could rally to $145,000 after hitting a local bottom, according to the expert.

Despite the pressure, conditions for potential growth are emerging in the market. CryptoQuant analyst MorenoDV_ highlighted the appearance of a rare liquidity configuration that has historically preceded significant movements in Bitcoin’s price.

He mentioned that a similar situation has occurred only a few times since 2020.

The Stablecoin Supply Ratio (SSR) has returned to its historical lower boundary at 13—the same zone where local minima formed in mid-2021 and throughout 2024.

“Every time Bitcoin has traded in a calm manner before making a substantial leap,” the expert noted.

A characteristic pattern is observed on Binance: stablecoin reserves are increasing while the supply of digital gold is decreasing. This dynamic has frequently preceded market recoveries, indicating the exhaustion of sellers and accumulation of positions by strong players, MorenoDV_ pointed out.

Experts at Bitget believe that the combination of the Federal Reserve’s dovish policy and increasing institutional demand establishes a foundation for significant Bitcoin appreciation. They forecast a trading range between $90,000 and $160,000 over the next six months.

In the medium term, specialists predict Bitcoin could rally to between $120,000 and $350,000.

The expansion of stablecoin supply and net inflows into Bitcoin ETFs confirm the market’s transition into a more mature phase. Demand is increasingly being driven by fundamental investor confidence rather than speculation.

Volatility may arise from the Federal Reserve’s decision regarding benchmark rates at the upcoming December meeting. The situation surrounding Stream Finance and the decline in the U.S. stock market may also exert pressure on digital assets.

«Nevertheless, Bitcoin has already undergone the main phase of correction, and the potential for further decline remains limited,» Lee added.

It is worth mentioning that Morgan Creek Digital co-founder Anthony Pompliano has forecasted Bitcoin’s rally due to «helicopter» money from former U.S. President Donald Trump.