Ethereum 23 August 2025 - 29 August 2025

Bitcoin’s roller-coaster: Over the weekend, Bitcoin suffered a sudden flash crash after an anonymous whale unloaded 24,000 BTC. The sell-off sent BTC plunging below $111,000, wiping out about $4,000 in minutes coindesk.com cryptonews.com. The cascade triggered more than $550 million in leveraged position liquidations across the market coindesk.com coindesk.com. Bitcoin briefly bottomed just under $111K before stabilizing around $112–113K by Monday morning coindesk.com coindesk.com. Analysts noted the whale’s dump erased gains from Fed Chair Jerome Powell’s bullish remarks days earlier coindesk.com coindesk.com. Still, some see a silver lining: “A flush of long liquidations can reset the market for a cleaner bounce,” CoinDesk observed, suggesting the shakeout could pave the way for healthier upside ahead coindesk.com.