Let me guess-the market’s latest move is because someone hit “sell” by accident? The global crypto cap dipped to $3.95 trillion, down 0.89% in 24 hours. Investor sentiment? Neutral, like a toddler who forgot what “excited” means. The Fear & Greed Index is at 50, which is just code for “I’m not sure if this is a bull market or a midlife crisis.” The CMC100 index? It’s basically a cautionary tale now, down 1.18% to $244.57. Long-term bullish? Sure, but who needs a long-term plan when a whale can wreck your day in 5 minutes?
Bitcoin Leads the Decline
Bitcoin, the golden child of crypto, decided to throw a pity party below $114,000, erasing gains from the Fed’s “we’re done” vibes. Why? Because some whale-yes, the same creature that invented “buy the dip”-dumped 24,000 BTC ($310M) in one transaction. Like a kid at a candy store who just realized the receipt is non-refundable. The whale’s still holding 152,000 BTC, which they’ve had since HTX’s glory days (six years ago-*gasps*). Liquidations? Oh yeah, leveraged traders got their feelings hurt. Bitcoin’s like that ex who takes your gains and slaps you with a 12-hour correction. August and September? Buckle up, it’s going to be a bumpy ride of “meh.”
JUST IN: #Bitcoin flash crash today, which wiped out $310M in long positions, has been traced to a SINGLE Bitcoin whale dumping BTC for ETH.
The whale sold 24,000+ BTC, including coins that hadn’t moved in 5+ years, sending 12,000+ #BTC today alone to the Hyperunite trading…
– Jacob King (@JacobKinge) August 24, 2025
Bitcoin “reversed all of Friday’s gains”-which is just crypto code for “I’m not even sure what Friday was about anymore.” Consolidation ahead? Sure, but why not just call it “regret” and be done with it?
Ethereum and Altcoins Hold Relatively Strong
Ethereum’s doing its best to act cool, holding above $4,700 despite a 0.83% dip. Over the week? Up 10%-thanks to staking inflows and institutional demand. Basically, Wall Street’s version of “I’ll have another.” XRP’s at $3.04, down 0.31%-because even a $3 coin can’t resist a little drama. BNB? It’s chilling at $877.86, almost unchanged. Why? China Renaissance just threw $100 million at it, becoming the first Hong Kong-listed company to own BNB. Solana? Down to $210.47, but still up 15% this week. Dogecoin? Slid to $0.2322, because meme coins are just waiting for Elon to sneeze. The correction’s hitting everyone, but Bitcoin’s the drama queen of the bunch. 🐶💸
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2025-08-25 07:13