Large holder risk spreading in the Bitcoin market: potential chain reaction if it falls below $13,000

OldLeekConfession · 2026-01-13T08:29:46+00:00

The Bitcoin market faces risks from concentrated holdings by large investors like MicroStrategy, which owns over 3.2% of Bitcoin. Potential massive sell-offs could lead to significant price drops and systemic instability, affecting the entire crypto ecosystem.

OldLeekConfession

2026-01-13 08:29:46

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As a potential threat facing the Bitcoin market, the concentrated holdings of certain large investors have drawn attention due to the risk of a decline. Market analysts point out that such large-scale holdings could trigger market stress under any circumstances, leading to a chain reaction of selling pressure.

Massive Funding and Actual Holdings

MicroStrategy currently holds 671,268 BTC, accounting for over 3.2% of the circulating supply. This massive position is supported by funding raised through $8.2 billion in convertible bonds and $75 billion in preferred stock. This capital structure creates a direct link between the company’s financial stability and Bitcoin prices.

Catastrophic Scenario During Price Decline

Market analysis warns of an extreme decline scenario where Bitcoin’s price drops below $13,000. If such a level is reached, MicroStrategy’s financial situation could rapidly deteriorate, potentially leading to forced sales of its Bitcoin holdings.

Ripple Effect on the Entire Market

Beyond individual company risks, if such large-scale sales occur, market volatility could rapidly increase, exerting downward pressure on the broader cryptocurrency ecosystem. The massive supply pressure could push prices further down, ultimately risking the overall trust in the market.

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