David Bailey: The price of Bitcoin can only rise to $150,000 after the two giant whales have completed the sale

According to ChainCatcher, David Bailey, CEO of Bitcoin Holdings Nakamoto, said that the price of Bitcoin can only climb to $150,000 after the two major Bitcoin whales complete the sale. Bailey posted on X on Tuesday that "Bitcoin has not risen to $150,000 at present because of these two giant whales. When they are sold out (one of them has sold out more than half, the other is in progress)...the price will only continue to rise." Recently, many giant whales transactions have caused shocks in the Bitcoin market. A Bitcoin giant whale sold 24,000 BTC (approximately US$2.7 billion), causing the Bitcoin market to crash. According to QCP analysis, the crash caused about $500 million of leveraged positions to be liquidated in minutes. A few days ago, a giant whale that had held Bitcoin for more than five years began to transfer funds to Ethereum and sold $4 billion worth of Bitcoin through the decentralized exchange Hyperliquid. Sentiment fluctuations in the cryptocurrency market have intensified. On Saturday, the cryptocurrency fear and greed index fell to the "fear" range. Although it rebounded to the "neutral" level of 49 on Tuesday, it had previously swung between "fear" and "neutral".