According to the source, early Bitcoin adopter Owen Gunden has reportedly sold his entire Bitcoin position worth about $1.3 billion after transferring his final 2,499 BTC to Kraken, with 11,000 BTC sold since October. Source: X post dated Nov 21, 2025.

According to @lookonchain, wallet 0x5D2F holds 1,232 BTC valued around $108.63M and is up more than $28.7M in unrealized profit. Source: @lookonchain on X, Nov 20, 2025. According to @lookonchain, the address has placed BTC limit sell orders between $75,819 and $79,919 to take profit. Source: @lookonchain on X, Nov 20, 2025.

According to @ai_9684xtpa, wallet 0xC79...12bE7 sold 175 WBTC at an average price of $92,444.59 over the past 3 hours, totaling approximately $16.177 million notional, source: @ai_9684xtpa on X and wallet link explorer.cow.fi/address/0xC79b6416bD17446f930d32A7B78CF60D35A12bE7. The tranche was acquired on-chain during Aug–Oct 2024 at an average entry of $74,746.46, yielding a realized profit of about $3.097 million and a realized ROI near 23.7% on the sold amount, source: @ai_9684xtpa on X. The address still holds 491.84 WBTC on-chain, making the reported sale roughly 26% of the combined 666.84 WBTC sold plus remaining, based on the cited figures, source: @ai_9684xtpa on X. The source also notes the position’s peak profit had retraced by more than $5.9 million before this sale, source: @ai_9684xtpa on X. At the reported average sell price, the remaining 491.84 WBTC would be worth approximately $45.5 million, calculated from the source’s price and holdings data, source: @ai_9684xtpa on X.

According to @ai_9684xtpa, a wallet that accumulated WBTC near the 2022 bottom around 16,933 USD has sold a cumulative 176.17 WBTC since yesterday for about 15.799 million USD at an average price of 89,679 USD, realizing approximately 12.815 million USD in profit; the address still holds 280.479 WBTC on-chain valued at 25.73 million USD, with the sale address provided as explorer.cow.fi/address/0xADc842a26b185897aC22042c99961F854Ca4395F; source: @ai_9684xtpa on X, Nov 20, 2025; on-chain reference: explorer.cow.fi/address/0xADc842a26b185897aC22042c99961F854Ca4395F.

According to @lookonchain, Arthur Hayes sold another 320,000 LDO for approximately $227,000 on Nov 19, 2025, with the alert referencing Arkham Intelligence’s entity page for the on-chain source. Based on those figures, the transaction implies an average execution price near $0.71 per LDO, calculated from the amounts reported by @lookonchain. @lookonchain characterizes this as an additional sale and points to the Arkham Intelligence entity link for tracking the same wallet’s subsequent movements, citing Arkham Intelligence as the source.

According to @GoChapaa, Bitcoin (BTC) is trading at $95,403, down 0.53% over the past 24 hours, extending weeks of downward momentum and re-testing the sub-$100K zone (source: @GoChapaa). According to @GoChapaa, market sentiment is cautious with traders waiting for clearer signals, and whale selling is cited as a driver of the pullback, keeping the $100K area in focus as a near-term level to watch (source: @GoChapaa).

According to @EmberCN on X, Arthur Hayes sold 700 ETH valued at $2.22 million and 320,000 LDO valued at $240,000 through B2C2 and Wintermute, with the counterparties specified in the source post. According to @EmberCN, cumulative sales since yesterday reached $7.42 million across ETH, ENA, LDO, AAVE, UNI and ETHFI via multiple institutional business platforms. According to Arkham Intelligence, the wallet referenced is 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21 on the Arkham explorer. According to @EmberCN, no additional pricing impact details were provided in the post, and the update focuses on the volumes, tokens and venues involved.

According to @ai_9684xtpa, wallet 0x8AeCc5526F92A46718f8E68516D22038D8670E0D linked to nemorino.eth bought 4,943 ETH at a $3,452.65 average on Nov 6 for $17.06M, source: @ai_9684xtpa; explorer.cow.fi/address/0x8AeCc5526F92A46718f8E68516D22038D8670E0D. According to @ai_9684xtpa, after a 12-day hold the address exited during the early-hours drawdown, selling 5,000 ETH at $3,087.69 for $15.43M, source: @ai_9684xtpa; explorer.cow.fi/address/0x8AeCc5526F92A46718f8E68516D22038D8670E0D. According to @ai_9684xtpa, the realized loss totals $1.804M and implies roughly a -10.6% move from the reported entry to exit prices, calculated from the figures provided; source: @ai_9684xtpa. According to @ai_9684xtpa, this transaction adds 5,000 ETH of realized supply to market at an execution zone near $3,087.69, giving traders concrete whale flow and price levels to reference; source: @ai_9684xtpa; explorer.cow.fi/address/0x8AeCc5526F92A46718f8E68516D22038D8670E0D.

According to @CoinMarketCap, Glassnode analysts dispute claims that Bitcoin OGs and whales are panic-selling, stating that the data indicates typical late-cycle profit-taking seen in every bull market (source: @CoinMarketCap, Nov 14, 2025). This frames recent BTC distribution as routine profit realization rather than capitulation, a trading-relevant distinction for interpreting whale activity during bull-market pullbacks (source: @CoinMarketCap, Nov 14, 2025).

According to @lookonchain, three new wallets withdrew 4,920 ETH (about $16.25M) from Tornado Cash and sold the ETH around $3,302. According to @lookonchain, the source provided the new wallet addresses and noted the sales followed the Tornado Cash withdrawals. According to @lookonchain, Richard Heart purchased 162,937 ETH (about $619M) at $3,800 in 2024 and deposited all of it into Tornado Cash two days ago, while attribution of today’s 4,920 ETH sales remains uncertain between him and potential hackers. According to @lookonchain, the 4,920 ETH equals roughly 3% of the cited 162,937 ETH and the sale price near $3,302 is about 13% below the stated $3,800 buy level.

According to @CNBC, blockchain data indicates some Bitcoin (BTC) whales may be selling, as shared by the CNBC X account on Nov 5, 2025 with a link to its report (source: @CNBC). In on-chain analysis, rising exchange inflows from large wallets are commonly interpreted as potential sell pressure that can impact short-term price action, which traders monitor for confirmation during distribution phases (source: Binance Academy).

According to @ai_9684xtpa, an address labeled as an “unknown hacker” opened 7,126.74 ETH at a $4,020 cost on Oct 22, 2025 (source: @ai_9684xtpa; on-chain: explorer.cow.fi/address/0x562ded8c95C2E04D4363305cc7DbCAAce2583c61). The same address sold 2,655 ETH at $3,740.78 during the Oct 31 drawdown, realizing a $758,000 loss (source: @ai_9684xtpa; on-chain: explorer.cow.fi/address/0x562ded8c95C2E04D4363305cc7DbCAAce2583c61). On Nov 4, it sold another 2,243 ETH at $3,576.64, realizing a further $994,000 loss (source: @ai_9684xtpa; on-chain: explorer.cow.fi/address/0x562ded8c95C2E04D4363305cc7DbCAAce2583c61). The wallet retains 2,228.74 ETH with an unrealized loss of $832,000, bringing realized losses to $1.75 million and total drawdown to about $2.58 million based on the figures provided (source: @ai_9684xtpa; on-chain: explorer.cow.fi/address/0x562ded8c95C2E04D4363305cc7DbCAAce2583c61). The author added this wallet to a counter-indicator list for tracking reactive sell behavior during volatility (source: @ai_9684xtpa).

According to @PANewsCN, an unknown hacker sold 2,655 ETH in the past 10 hours at an average price of $3,740.78 for roughly $9.93 million, as monitored by on-chain analyst @ai_9684xtpa (source: PANewsCN citing @ai_9684xtpa). According to @PANewsCN, these ETH were accumulated between Oct 21 and Oct 23 at an average entry of $4,026.58, locking in a realized loss of $758,000 on the sold tranche (source: PANewsCN citing @ai_9684xtpa). According to @PANewsCN, the wallet still holds 3,965.36 ETH with an unrealized loss of $692,000 for this swing, highlighting ongoing supply risk from the same address if further distribution occurs (source: PANewsCN citing @ai_9684xtpa).

According to @MilkRoadDaily, BTC held firm after a $20B flush because institutions didn’t panic while OG whales sold, per insights from CryptoQuant Head of Research Julio Moreno, signaling a rotation that could set up the next major move. source: @MilkRoadDaily The interview outlines a drop in the Bull Market Score and weakening spot demand, indicating near-term momentum risk until fresh bids return. source: @MilkRoadDaily It also highlights a surge in stablecoin liquidity that can precede renewed BTC spot demand as risk appetite improves. source: @MilkRoadDaily Traders are guided to monitor Q4 key levels and whale-versus-institution flows to time entries and manage risk. source: @MilkRoadDaily The segment discusses how prospective Fed rate cuts and trade tensions could impact BTC risk allocation and volatility. source: @MilkRoadDaily The conversation frames a potential BTC supply shock if institutional accumulation absorbs whale distribution, with the timing of a new ATH debated between Q4 and 2026. source: @MilkRoadDaily

According to @ai_9684xtpa, a leveraged ETH buyer who entered on Sep 9 at an average of $4,396.5 sold 3,443 ETH at a $3,754 average over the past 6 hours for roughly $12.92 million, realizing about $2.212 million in losses, with the remaining Sep 9 ETH still showing an unrealized loss of about $3.122 million, source: @ai_9684xtpa. The wallet 0xc26b5977c42c4fa2dd41750f8658f6bd2b67869c currently has 13,000 ETH posted as collateral on Aave and $34.19 million in stablecoin debt with a health factor of 1.2, indicating elevated leverage, source: DeBank and @ai_9684xtpa. Aave documentation states positions are liquidated when the health factor falls to 1.0 or below, implying further ETH price declines could force additional deleveraging or trigger liquidations from this address, source: Aave Docs. Traders can monitor this wallet’s health factor and ETH order flow for potential sell pressure tied to on-chain leverage unwinds, source: DeBank and Aave Docs.

According to @lookonchain, two wallets likely linked to hackers sold 5,480 ETH worth about $20.47 million after the market crash. According to @lookonchain, the positions were accumulated roughly a week earlier at an average entry price of $3,735. According to @lookonchain, the exits locked in an estimated $3.7 million realized loss. According to Arkham Intelligence, the two addresses are 0xB8cb05205f8A84d386741754303EC5bD23F1618e (https://intel.arkm.com/explorer/address/0xB8cb05205f8A84d386741754303EC5bD23F1618e) and 0x81c0bAa3DA99827D713b0c6C41176EDf96AD0304 (https://intel.arkm.com/explorer/address/0x81c0bAa3DA99827D713b0c6C41176EDf96AD0304). According to @lookonchain, the activity indicates panic-selling by these addresses.

According to @EauDoon, recent ETH volatility is linked to Trend Research and @Jackyi_ld executing a “sell to buy, and buy to sell” strategy with a stated target of 10K ETH within a year, source: @EauDoon on X, Oct 6, 2025. Trend Research has sold 80,835 ETH at an average price of $4,458, generating around $360 million in cash, source: @EauDoon on X, Oct 6, 2025. The selling has been gradual since October 2 and is cited as a driver of recent ETH price swings, source: @EauDoon on X, Oct 6, 2025. The update signals planned re-accumulation toward the 10K ETH target as part of their strategy, a flow traders may monitor for market impact, source: @EauDoon on X, Oct 6, 2025.

According to the source, Glassnode on-chain data shows mid-sized BTC addresses are net accumulating while large whales’ selling has slowed, indicating concurrent mid-tier buying and decelerating large-holder distribution. Source: Glassnode.

According to @EmberCN, a whale who staked 13.3M APX two years ago sold 9.07M APX over the last four days for $2.27M USDT at a $0.25 average, defining a realized distribution level at $0.25, source: @EmberCN. The whale’s initial position was worth $440K at a $0.033 APX price two years ago, and staking rewards have already exceeded that cost base, effectively dropping the cost to zero, source: @EmberCN. With spot referenced at $1.6 now, the realized sales imply $12.7M in foregone proceeds versus selling at current price, source: @EmberCN. The address still holds 5.35M APX valued at $8.82M, with the wallet link shared as intel.arkm.com/explorer/address/0x9b12996fEaD2ad5F2f0bFFe1Db98e056AB9Ebe5E, source: @EmberCN. Based on the disclosed figures, approximately 68% of the initially staked 13.3M APX has been sold, a sell-through ratio calculated directly from the volumes reported, source: @EmberCN.

According to @lookonchain, two smart-money whale wallets that accumulated PUMP roughly two months ago executed profit-taking sales on Solana, with transactions verifiable via the Solscan wallet pages linked in the post; source: @lookonchain and Solscan. Wallet 6AkVuG sold 466.74 million PUMP for 3.27 million USD about 6 hours before the post, realizing 1.96 million USD profit equal to plus 149 percent; source: @lookonchain and the Solscan wallet page for 6AkVuG. Wallet 58teLV sold 272.24 million PUMP for 1.95 million USD about 11 hours before the post, realizing 1.16 million USD profit equal to plus 133 percent; source: @lookonchain and the Solscan wallet page for 58teLV. Based on the figures reported by @lookonchain, the combined sales totaled 738.98 million PUMP for 5.22 million USD with aggregate realized profit of 3.12 million USD within roughly an 11-hour window; source: @lookonchain.