In six months, Bitcoin’s price has fallen by about 50%, falling below $64,000 earlier this month. Naturally, this triggered a cascading event that had a devastating impact on the rest of the market and raised questions about what might be causing the decline. Since there has been no noteworthy event that triggered a crash, as happened in 2022 with the FTX cryptocurrency exchange crash, the straightforward answer points to one thing: vast investors are selling.

Corporate owners are withdrawing from Bitcoin

In post X, Coin Bureau highlighted an intriguing trend among corporate Bitcoin holders that may explain the persistent decline in the value of the digital asset recently. According to the chart shared in the post, these vast corporate owners were dumping their shares.

For most of 2025, a clear accumulation trend continued among corporate buyers. Sometimes a buying trend continued for weeks before a selling trend was registered. However, this is changing quickly, as recent weeks have been dominated by dumping.

The post showed that no purchases had been made in the last three weeks. Rather, corporate investors dumped BTC into the market. For context, the longest selling streak on record among these vast investors occurred two weeks before buying began again.

However, at the time of writing, these companies’ treasuries were dominated by only outflows, which represented a recent record since companies began purchasing Bitcoin in 2020. Therefore, it is possible that the accumulation trend that drove Bitcoin to recent all-time highs in 2025 may have ended.

Data from CoinShares also confirms this sell-off trend. In its weekly fund flow report, the Digital Asset Fund shows that in the last week alone, Bitcoin lost $215.3 million due to outflows from digital asset funds, thus leading to a sell-off.

In the same vein, Ethereum recorded outflows of $36.5 million and multi-asset funds recorded outflows of $32.5 million. Interestingly, however, platforms such as XRP and Solana continue to see inflows despite needy market performance.

Given this trend, it shows that corporate investors are looking for altcoins due to their likely higher profit margins compared to Bitcoin. As supply in the market continues to escalate, it is likely that the price of Bitcoin will continue to decline until purchases escalate again.

Featured image from Dall.E, chart from TradingView.com