Bitcoin tanked below $87,000 on November 20, 2025, thanks to a combo of quantum computing drama and a $1.3B whale fleeing the scene like it was a crypto-themed horror movie. 💸😱
This nosedive erased a two-day rebound from Asia, only for U.S. traders to hit “sell” harder than a kid at a candy store. Institutions and retail investors were left playing whack-a-mole with signals. 🎭
Quantum Computing Panic? More Like Quantum Comedy 🐳💻
Ray Dalio, our favorite billionaire drama queen, claimed Bitcoin’s cryptographic armor is as flimsy as a screen door. Suddenly, everyone’s panicking like they just learned their Wi-Fi password is “password123.”
“Sure, I own 1% of my portfolio in Bitcoin. But guess what? Countries might track it, hack it, or… gasp… control it! The horror!” 🤭
Analysts rolled their eyes harder than a roulette wheel. Mel Mattison, the crypto truth-teller, roasted Dalio’s “quantum apocalypse” vibes. “If quantum computing cracks Bitcoin, JPMorgan should be in a dumpster fire. Banks use RSA encryption-same security as a sticky note. 😂”
“BTC’s SHA-256 is tougher than a librarian’s silence. Sell the banks first!” 📚💥
So, is Bitcoin doomed? Or is Dalio just salty because he can’t afford a NFT? 🤷
OG Whale Exits: 14 Years of Holding, Then… Boom! 🐳💨
Owen Gunden, the OG Bitcoin whale who’s been sitting on 11,000 BTC since 2011, finally said, “You know what? I’m done.” He sold his entire stash for $1.3B, leaving crypto Twitter to ask: “Was it profit-taking or did he hear ‘quantum’ and panic?”
OWEN GUNDEN HAS NOW SOLD ALL OF HIS $1.3 BILLION BITCOIN
14 years of patience, then one Tuesday. 🐳💸 “I trusted you, crypto. You gave me quantum anxiety.”
– Arkham (@arkham) November 20, 2025
With Bitcoin trading at $86,767, down 2.55%, Gunden’s exit felt like a crypto-themed “Goodbye, Columbus.”
Was it time to cash out? Or did he just get tired of holding? Only the quantum computer knows. 🤖
Liquidation Cascade: A Crypto Carwash of Tears 💸🔥
Quantum fears and whale selling turned crypto into a liquidation carnival. CoinGlass reported $910M in liquidations in 24 hours, enough to make 222,008 traders cry emojis. 😭
During one chaotic hour, longs and shorts battled it out like a crypto-themed “Rocky” rematch. Longs lost $264M, shorts lost $256M-everyone’s a loser but the exchanges. 🎰
Margin calls hit harder than a Monday morning meeting. Traders got auto-liquidated like they were crypto’s version of “This is fine” dog. 🐶🔥
Institutional Buyers: “Buy the Dip” or “Buy a Boat”? 🤑😂
US Bitcoin ETFs saw $75M in inflows, with BlackRock and Grayscale leading the charge like they’re crypto’s version of Batman and Robin. 🦇🦸
But other big names like VanEck and Fidelity kept their wallets zipped tighter than a Bitcoin wallet on a Tuesday. Mixed signals, folks. Is this a buying opportunity or a trap? 🕵️
buy the dip
– Hoss (@hoss_crypto) November 20, 2025
The crypto circus continues: whales sell, institutions buy, and everyone’s stuck asking, “Is this a bear market or a quantum-themed rollercoaster?” 🐻🎢
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2025-11-20 22:18