Bitcoin Could Hit $150K If These 2 Whales Are Tackled: David Bailey

Bitcoin could climb to $150,000 in 2025 if two major whales reduce their selling pressure, according to David Bailey, CEO of Nakamoto, in a September 2, 2025, X post. Bailey argues these large holders, controlling significant Bitcoin reserves, are suppressing price growth by flooding the market with sales. Bitcoin, trading at $110,321.66 on September 2, dropped 2.99% in 24 hours, with whale sell-offs contributing to a $45 billion crypto market cap decline in August, per FX Leaders.

Bailey highlights two catalysts for a potential rally. First, if whales distribute their 3.61 million BTC held by corporates and exchanges more gradually, it could ease supply shocks, stabilizing prices. Second, rising institutional accumulation, with spot Bitcoin ETFs holding 1.47 million BTC (7% of supply), could shift market dynamics. BlackRock’s IBIT alone saw $186 million in annual fees, outpacing its S&P 500 ETF, signaling strong institutional demand.

The 2024 halving, reducing Bitcoin’s issuance rate, amplifies scarcity, historically driving prices higher. Bernstein analysts forecast $200,000 by 2025, citing ETF inflows projected at $190 billion. However, regulatory delays or whale-driven volatility, like Mara Pool’s $44 million sell-off in December 2023, could cap gains at $80,000, warns CoinShares’ James Butterfill.

With 19.91 million BTC circulating and 57.39% market dominance, Bitcoin’s path to $150,000 hinges on whale behavior and institutional momentum. Investors should monitor on-chain wallet activity and ETF flows for breakout signals. Bailey’s bold prediction underscores Bitcoin’s potential, but volatility remains a key risk.