Deeply Oversold Bitcoin Attracts Big Buyers Again as Whales Step in at 3-Year RSI Low

Bitcoin trades through a sharp shakeout as ARK Invest shifts 39 million dollars into crypto stocks, whales ramp up accumulation, and the U.K. government sits on more than 5.18 billion dollars in BTC. At the same time, the weekly RSI has fallen to its lowest level since 2022, showing how brutal the selloff has been even as major players move back into the market.

 ARK Invest Spends $39 Million on Crypto Stocks, Not Bitcoin

ARK Invest, led by Cathie Wood, spent about 39 million dollars on November 19–20, 2025, buying shares of crypto-related companies during a market dip. The purchases did not include Bitcoin itself, despite claims on social media that the firm bought tens of millions of dollars’ worth of BTC.

Cathie Wood ARK Stock Moves. Source: ARK Invest Tracker

The buying took place across several of ARK’s exchange-traded funds, including ARKK, ARKF, and ARKW. Trade reports show allocations into listed companies with exposure to digital assets and blockchain, rather than direct spot Bitcoin positions.

The moves came as Bitcoin traded roughly 30 percent below its recent high, after a sharp pullback in November. ARK’s activity added fresh exposure to the crypto sector through equities, signaling continued interest in digital-asset themes without altering the firm’s disclosed spot Bitcoin holdings.

Bitcoin Whales Add Coins as U.K. BTC Stash Nears $5.2 Billion

Bitcoin’s largest wallets have swung back to net buying, with on-chain data showing more than 26,300 BTC added by entities holding over 10,000 coins, worth about 2.3 billion dollars at recent prices. A 60-day “accumulation vs. distribution” chart from CryptoQuant highlights that the >10,000 BTC cohort has shifted into accumulation, while bands tracking 100–1,000 BTC and 10–100 BTC holders also tilt positive, signaling broader large-holder demand rather than a single group acting alone.

Bitcoin Accumulation Distribution Chart 60D. Source: CryptoQuant / X

At the same time, a portfolio view on Arkham Intelligence attributes roughly 61,245 BTC to the U.K. government, valuing the stash near 5.18 billion dollars at a reference price of 84,624 dollars per coin. The dashboard tags the cluster as both a government account and a Bitcoin whale, grouping four addresses in one profile. 

UK Government Bitcoin Portfolio Dashboard. Source: Arkham Intelligence / X

Together, the return of whale accumulation and the steady size of the U.K.’s tracked holdings underline how major players continue to sit on, and add to, sizable Bitcoin positions despite the recent price pullback.

Bitcoin Weekly RSI Sinks to Lowest Level Since 2022

Now, Bitcoin’s weekly Relative Strength Index has dropped to about 33, its most oversold reading in nearly three years, according to Barchart. The latest weekly candle shows BTC trading around the mid-80,000 dollar area while momentum continues to lean sharply to the downside. This level signals that recent selling pressure has pushed the market into conditions that previously appeared only during major stress periods.

Bitcoin Weekly RSI Chart. Source: Barchart

At the same time, Barchart points back to late 2022, when the weekly RSI last hovered near similar lows and Bitcoin traded below 20,000 dollars. From that zone, BTC later advanced on the same chart toward roughly 126,000 dollars over the next two and a half years. The comparison underlines how deep oversold readings have, in earlier cycles, lined up with longer recovery phases that unfolded gradually rather than in a single move.

However, the current setup still reflects a market dealing with volatility and uncertainty after a steep drawdown from record highs. Traders now watch whether the oversold weekly RSI attracts fresh demand or if selling continues despite the stretched momentum signal. For now, the indicator simply shows that Bitcoin’s latest decline has pushed technical conditions to extremes not seen since the end of the previous bear market.