The post OG Whale Exit and Sell Signal Hit BTC at $86K appeared on BitcoinEthereumNews.com. Bitcoin is facing one of its heaviest pressure clusters of the year as price slides into the mid-$86,000 zone. Two major signals — an OG whale’s full exit and a fresh TD Sequential sell trigger — now align at the same moment. Bitcoin Extends Its Fall as Price Hits Fresh Lows Bitcoin continued its decline today, sliding toward the mid-$86,000 area while sellers kept pressure on the daily chart. The latest candle shows another red close as BTC moves further below the 50-day EMA, signaling persistent weakness across the market. BTC Daily Chart. Source: TradingView Large trading volume accompanied the drop, and the breakdown followed a multi-week slide that started after the $108,000 rejection earlier this month. Buyers have not yet regained control, and the chart shows a clean series of lower highs and lower lows. Owen Gunden’s Final 11,000 BTC Sale Adds Pressure Arkham  reports that early Bitcoin whale Owen Gunden has sold his entire Bitcoin stack worth $1.3 billion. According to on-chain data, he held BTC since 2011 and began distributing coins in late October. The final transaction appeared 14 hours ago, when he transferred 2.49 BTC (~$230 million) to Kraken, marking the completion of his exit. Owen Gunden Wallet Transfers. Source: Arkham The whale’s selling activity created a consistent stream of outflows that aligned with Bitcoin’s November decline. His earlier transactions, visible across multiple addresses, show repeated deposits to exchanges, each followed by short-term price weakness. The final $230 million transfer landed as BTC approached $86,000, leaving the market without one of its largest long-term holders. While overall selling from a single whale does not determine the entire trend, the timing added stress to an already fragile chart structure. Furthermore, the distribution confirms that long-held supply is re-entering the market at a time when momentum is already… The post OG Whale Exit and Sell Signal Hit BTC at $86K appeared on BitcoinEthereumNews.com. Bitcoin is facing one of its heaviest pressure clusters of the year as price slides into the mid-$86,000 zone. Two major signals — an OG whale’s full exit and a fresh TD Sequential sell trigger — now align at the same moment. Bitcoin Extends Its Fall as Price Hits Fresh Lows Bitcoin continued its decline today, sliding toward the mid-$86,000 area while sellers kept pressure on the daily chart. The latest candle shows another red close as BTC moves further below the 50-day EMA, signaling persistent weakness across the market. BTC Daily Chart. Source: TradingView Large trading volume accompanied the drop, and the breakdown followed a multi-week slide that started after the $108,000 rejection earlier this month. Buyers have not yet regained control, and the chart shows a clean series of lower highs and lower lows. Owen Gunden’s Final 11,000 BTC Sale Adds Pressure Arkham  reports that early Bitcoin whale Owen Gunden has sold his entire Bitcoin stack worth $1.3 billion. According to on-chain data, he held BTC since 2011 and began distributing coins in late October. The final transaction appeared 14 hours ago, when he transferred 2.49 BTC (~$230 million) to Kraken, marking the completion of his exit. Owen Gunden Wallet Transfers. Source: Arkham The whale’s selling activity created a consistent stream of outflows that aligned with Bitcoin’s November decline. His earlier transactions, visible across multiple addresses, show repeated deposits to exchanges, each followed by short-term price weakness. The final $230 million transfer landed as BTC approached $86,000, leaving the market without one of its largest long-term holders. While overall selling from a single whale does not determine the entire trend, the timing added stress to an already fragile chart structure. Furthermore, the distribution confirms that long-held supply is re-entering the market at a time when momentum is already…

OG Whale Exit and Sell Signal Hit BTC at $86K

2025/11/21 14:30

Bitcoin is facing one of its heaviest pressure clusters of the year as price slides into the mid-$86,000 zone. Two major signals — an OG whale’s full exit and a fresh TD Sequential sell trigger — now align at the same moment.

Bitcoin Extends Its Fall as Price Hits Fresh Lows

Bitcoin continued its decline today, sliding toward the mid-$86,000 area while sellers kept pressure on the daily chart. The latest candle shows another red close as BTC moves further below the 50-day EMA, signaling persistent weakness across the market.

BTC Daily Chart. Source: TradingView

Large trading volume accompanied the drop, and the breakdown followed a multi-week slide that started after the $108,000 rejection earlier this month. Buyers have not yet regained control, and the chart shows a clean series of lower highs and lower lows.

Owen Gunden’s Final 11,000 BTC Sale Adds Pressure

Arkham  reports that early Bitcoin whale Owen Gunden has sold his entire Bitcoin stack worth $1.3 billion.

According to on-chain data, he held BTC since 2011 and began distributing coins in late October. The final transaction appeared 14 hours ago, when he transferred 2.49 BTC (~$230 million) to Kraken, marking the completion of his exit.

Owen Gunden Wallet Transfers. Source: Arkham

The whale’s selling activity created a consistent stream of outflows that aligned with Bitcoin’s November decline. His earlier transactions, visible across multiple addresses, show repeated deposits to exchanges, each followed by short-term price weakness.

The final $230 million transfer landed as BTC approached $86,000, leaving the market without one of its largest long-term holders. While overall selling from a single whale does not determine the entire trend, the timing added stress to an already fragile chart structure.

Furthermore, the distribution confirms that long-held supply is re-entering the market at a time when momentum is already negative. The pattern mirrors the broader risk-off sentiment that appeared across the past three weeks, with BTC breaking key support levels and failing to retest them from above.

TD Sequential Sell Signal Echoes Earlier Bitcoin Tops

Meanwhile, a new TD Sequential signal on the two-month Bitcoin chart is flashing fresh downside risk.

Analyst Ali shows that the indicator has just triggered a “9” sell setup as BTC trades near the current cycle highs. The signal appears after a long stretch of green candles, often marking exhaustion in extended uptrends.

TD Sequential Bitcoin Signal. Source: Ali Charts

In the same chart, the last two TD Sequential “9” signals preceded sharp corrections. After the first setup, Bitcoin later dropped about 78%, while the second signal lined up with a decline of roughly 32%. The new print now sits in a similar position, at the top of a strong rally.

The TD Sequential tracks a series of consecutive closes to spot trend exhaustion, so a completed “9” does not guarantee an immediate reversal. However, it highlights that upside momentum has stretched and that volatility often rises after such readings. Combined with the ongoing sell pressure and whale distribution, the fresh signal adds another technical headwind to Bitcoin’s current structure.

Source: https://coinpaper.com/12513/1-3-b-whale-withdrawal-td-sell-signal-the-perfect-storm-behind-bitcoin-s-breakdown

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