20,000 BTC Return to Exchanges in 7 Days, Whales Taking Profits?

Cover image via U.Today Read U.TODAY on Google News Bitcoin has continued to show no signs of recovery as its price continues to retest its multi-month lows, sparking doubts across the crypto community. Advertisement On Saturday, Nov. 22, popular crypto analyst Ali Martinez revealed data showing that Bitcoin’s on-chain metrics have continued to witness growing sell pressure. According to the data, more than 20,000 BTC worth nearly $2 billion have been transferred back to crypto exchanges over the last week. This surge in Bitcoin’s exchange inflows over the last seven days has come at a tense moment for the crypto market as it appears that Bitcoin bulls are increasingly exiting the market. HOT Stories Crypto Market Prediction: Worst Bitcoin (BTC) Candle in History? Will XRP Reach $1 Hard Reset? Ethereum Hiding Enormous Bullish Potential 'Rich Dad Poor Dad' Author Sells His BTC Holdings After Predicting $250K per Coin Bitcoin on the Verge of 30% Collapse Against Gold, Shiba Inu (SHIB) Burn Rate Jumps 23,864%, XRP Price Drops Below $2 Despite ETF Launch — Crypto News Digest Hayes: Bitcoin Bottom Is Near, But There's a Catch Bitcoin retests $82,000 The large number of Bitcoin tokens that have been returned to exchanges in mere seven days comes as no major surprise as Bitcoin's price trajectory has remained in the red territory since the past week, causing its price to fall beyond imagination. Advertisement Majorly since the massive Oct. 10 crash, Bitcoin has been locked in a prolonged correction and has now retested the $82,000 level, a level last reached in April 2025. The aggressive spike in the exchange inflows is largely attributed to the bearish sentiment hovering around the market as Bitcoin continues to fall deeper. You Might Also Like Sat, 11/22/2025 - 12:30 Saylor's Strategy Hints at New Bitcoin Buys Despite Delisting Concerns By Dan Burgin Notably, this on-chain performance suggests that large holders may be preparing to take profits or hedge against further downside. During the week, a leading asset management firm was spotted aggressively dumping thousands of its BTC holdings. While this may have contributed to the surging exchange inflows, reports reveal that BlackRock moved over $1 billion in Bitcoin in less than five days in a move that appears to be a sell-off attempt. Considering the Bitcoin price dynamic in recent days, speculators have suggested that the asset might have already entered its bear phase. Hence, analysts have suggested that the Bitcoin price correction may continue to linger if whales continue to exit the market. #Bitcoin #Bitcoin Price Prediction #BlackRock