David Bailey, CEO of Nakamoto, has indicated that Bitcoin's price could reach $150,000 only after two major Bitcoin whales complete their sell-offs. Bailey highlighted on the X platform that one whale has already sold more than half of their holdings, while the other is still in the process of selling. Recent whale activities have contributed to market volatility, including a significant transaction on August 24th where a whale offloaded 24,000 BTC, causing a flash crash and $500 million in leveraged position liquidations. The market has been experiencing heightened volatility, with the Crypto Fear & Greed Index recently dipping into the "fear" zone before rebounding to a "neutral" level of 49. Earlier, on August 21st, another whale transferred $4 billion worth of Bitcoin into Ethereum, further impacting market dynamics. These developments underscore the influence of large holders on Bitcoin's price trajectory.