Key Notes
- A whale transferred 3,000 BTC, value about $260 million, to Binance.
- Bitcoin fell over 6% this week as costs hover over key ranges.
- Capriole founder Charles Edwards warns Bitcoin may drop beneath $50,000.
Bitcoin
BTC
$85 794
24h volatility:
2.2%
Market cap:
$1.71 T
Vol. 24h:
$49.04 B
value continued buying and selling beneath the important thing $90,000 stage on Dec. 17 when a big Bitcoin switch of three,000 BTC from an unknown pockets to Binance was flagged by Whale Alert. The transaction is valued at roughly $260 million.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 3,000 #BTC (260,387,071 USD) transferred from unknown pockets to #Binancehttps://t.co/bzJwJVGZUd
— Whale Alert (@whale_alert) December 17, 2025
In the meantime, a special pockets transferred 1,000 BTC, worth $87.3 million. On the time of writing, Bitcoin is buying and selling round $86,000, down by greater than 6% over the previous week, in accordance with CoinMarketCap data.
Capriole Founder Points Warning
Charles Edwards, the founding father of the quantitative crypto fund Capriole, has raised alarms about Bitcoin’s preparedness for the rise of quantum computing. He believes that if Bitcoin doesn’t change into quantum-resistant inside the subsequent few years, the market may face extreme penalties.
Quantum computing is extensively seen as a future menace to cryptography. In idea, sufficiently highly effective quantum machines may break present encryption requirements, expose non-public keys, and put consumer funds in danger.
Beginning to assume we’ll simply want an enormous bear market to clean out the idiots who assume the Quantum menace to Bitcoin is a joke, and to incentive the maxis into taking motion to improve the community. If We’ve not deployed a repair by 2028, I anticipate Bitcoin can be sub $50K and…
— Charles Edwards (@caprioleio) December 17, 2025
This got here quickly after Grayscale also acknowledged that quantum computing poses a future danger to blockchain safety. It defined that almost all public blockchains should undertake post-quantum cryptography.
Nonetheless, the monetary large believes that it’s unlikely to have an effect on Bitcoin and top altcoins in 2026.
Whereas many think about the quantum computing threat to be far off, Edwards argues that the timeline could also be a lot shorter than most anticipate.
In response to his forecast, 2028 could be a essential deadline. If Bitcoin’s community doesn’t implement a quantum-resistant improve by then, he expects the value to fall effectively beneath $50,000 and proceed declining till the problem is resolved.
He additionally means that concern round quantum danger may ultimately be flushed out via a significant bear market.
Edwards believes that motion must occur even sooner. A quantum security patch ought to be rolled out by 2026 to keep away from what he describes as essentially the most extreme Bitcoin bear market on document.
Bitcoin could possibly be an early goal for quantum assaults as a result of conventional banks are already transitioning towards post-quantum encryption. Legacy methods can typically reverse or block fraudulent transactions, defined Edwards.
A Very Necessary Technical Stage
Onchain information from CryptoQuant shows that presently, the Bitcoin True Market Imply Worth (TMMP), a key metric, is round $81,500.
When Bitcoin trades above the TMMP, buyers are likely to really feel snug holding their positions, and pullbacks typically entice consumers. When value drops beneath it, that very same stage incessantly turns into resistance.
Equally, the AVIV Ratio is studying ranges from previous mid-cycle transition phases, the place the market neither collapsed nor trended strongly greater. As a substitute, value tends to maneuver sideways, volatility declines, and buyers quietly rebalance.
BTC TMMP | Supply: CryptoQuant
If Bitcoin can keep above the TMMP whereas the AVIV Ratio stabilizes within the 0.8 to 0.9 vary, it will counsel that buyers are defending their value foundation and absorbing provide. That habits sometimes helps longer-term tendencies.
BTC AVIV Ratio | Supply: CryptoQuant
Nonetheless, if Bitcoin loses the TMMP and AVIV doesn’t recuperate, a deeper seek for demand may comply with for the world’s largest digital asset.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with an expert earlier than making any choices based mostly on this content material.
A crypto journalist with over 5 years of expertise within the trade, Parth has labored with main media retailers within the crypto and finance world, gathering expertise and experience within the house after surviving bear and bull markets over time. Parth can be an writer of 4 self-published books.
