Reports have disclosed that Ripple CEO Brad Garlinghouse told a Binance-hosted panel he expects Bitcoin to reach $180,000 by December 31, 2026.
Bank Moves Could Be The Spark
According to market coverage, Bitcoin tumbled about $5,000 in roughly three hours during early December, wiping more than $200 billion from the broader crypto market and triggering nearly $700 million in liquidations. That sudden drop has been linked to moves in traditional markets, not a single crypto event.
Some analysts point to a change in Japan’s bond market that is pressuring the long-running yen carry trade. Reports say the Bank of Japan’s policy path is now in focus, with a key decision due in mid-December that could move global risk appetite and the yen.
Whales Bought While Prices Fell
On-chain trackers show large investors added to holdings during the drop. According to on-chain data aggregators, accumulator addresses picked up about 375,000 BTC over recent weeks. That figure, if measured the way those firms define “whales,” suggests big players were buying into weakness.

Miners Also Cut Back Sales
Based on market commentary, miner selling has slowed sharply. One widely cited dataset shows miner outflows fell from roughly 23,000 BTC per month to about 3,672 BTC in the most recent window. That drop in miner supply was flagged as a possible tailwind for price if it persists.
ETF Money Flows And Model Targets
Reports have also tracked ETF movements, noting several billion dollars left Bitcoin ETFs in November, and that flows remain a key short-term force for price direction. Meanwhile, major banks have published valuation work that places fair-value scenarios well above current levels — for example, JPMorgan analysts have argued a model-based target near $170,000 under certain assumptions.
How Realistic Is A $180,000 Outcome?
Putting these pieces together, hitting $180,000 by the end of 2026 is possible in a bullish scenario where institutional demand resumes, whale buying continues, miner selling stays low, and central-bank moves help risk appetite.
But it would require sizeable, sustained inflows and a benign macro backdrop across many months — not just a one-off rally. Garlinghouse remains optimistic about his forecast.
Signals To Watch Next
Bank of Japan guidance in mid-December could influence Bitcoin’s next move. Daily ETF flows and open interest have shown significant shifts recently. On-chain data indicates that accumulators added around 375,000 BTC while miner selling dropped sharply. These figures, if confirmed by the original data sources, may play a major role in shaping near-term price action.
Garlinghouse’s $180,000 call is a high-profile, optimistic view that matches other bullish models on the market. Reports show real volatility and major flows are already shaping price. For now, the forecast is an opinion rooted in plausible scenarios — one to watch, not a certainty.
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