David Bailey, CEO of Nakamoto, claims that Bitcoin's price has not yet reached $150,000 due to the actions of two large Bitcoin whales. He suggests that once these whales finish selling, Bitcoin's value could increase significantly. Currently priced at $110,233, an ascent to $150,000 would represent a 36% rise. Bailey noted on social media that one of the whales has already finished selling, while the other is halfway there. Recent activity from Bitcoin whales has caused market volatility, including a notable incident on August 24 when a whale sold 24,000 bitcoins, triggering a flash crash. Analysts are optimistic about Bitcoin's future, with some expecting it to reach between $140,000 and $250,000 by the end of 2025, driven by heightened institutional interest and market dynamics. The ongoing activity of these whales plays a crucial role in influencing market sentiment, and their potential exit from the market may pave the way for a substantial price increase.

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