[LIVE] Latest Crypto Updates, 25 August – Why Is Crypto Down Today? Whale Unload 25k Bitcoins As Ethereum Price Hits New ATH: Best Crypto to Buy Right Now?

[Ben Graham]

The crypto market has been a rollercoaster of emotions lately, as Bitcoin recovers from an abrupt drop below $110,000 after a whale sold nearly 25,000 BTC worth over $2.7 billion. Despite the sell-off, Ethereum is holding above $4,600 after briefly crossing $4,900 to mark a new all-time high yesterday. XRP remains above $3, and Solana trades above $200, but overall, the global crypto market cap has slipped about 1% in the last 24 hours, with over $664 million in liquidations hitting traders. Many investors are asking what the best crypto to buy is now amid this volatile backdrop.

Bitcoin

Price

Market Cap

BTC

$2.23T

24h7d30d1yAll time

EXPLORE: Top 20 Crypto to Buy in 2025

Bitcoin Volatility and Whale Moves Shake Markets as Traders Eye Best Crypto to Buy Amid Ethereum’s New ATH

According to Coinglass, $664 million in positions were liquidated over the past day, with long traders suffering the most, about $502 million, while shorts accounted for $160 million. Bitcoin alone saw $237 million in liquidations, followed by Ethereum with $215 million. This high volatility has made many traders cautious, even as Ethereum’s strong performance hints at growing institutional confidence.

On-chain data from Lookonchain shows a major Bitcoin holder swapped 22,769 BTC (around $2.59 billion) for 472,920 ETH worth $2.22 billion over the past five days. The whale also opened a $577 million long on Hyperliquid, reinforcing Ethereum’s bullish narrative despite today’s market pullback. Clearly, big whales are trying to manipulate the narrative.

Massive $BTC Whale Dump Crashed the Market

A whale dumped 24,000 BTC (~$2.7B) across major exchanges.

This triggered a $4K drop in minutes, causing a liquidation cascade not a natural correction.

No major news or macro catalyst caused this.

Even $ETH hit a local high just… pic.twitter.com/ccmYwsWhOM

— ZYN (@Zynweb3) August 25, 2025

The market’s mixed signals—Bitcoin under pressure from whale activity and Ethereum pushing new highs—highlight the need for strategic positioning. Traders are now watching whether this shift in capital toward Ethereum will trigger a broader recovery or if Bitcoin’s recent flash crash will weigh on sentiment through the week.

2 minutes ago

Galaxy Digital, Multicoin, and Jump Crypto Plan $1B Solana Treasury Deal

By Fatima

Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly in discussions with investors to raise around $1 billion for purchasing Solana (SOL), according to Bloomberg. The initiative aims to establish the largest treasury ever dedicated to the token.

Cantor Fitzgerald LP has been enlisted as the lead banker to manage the deal. Sources familiar with the matter revealed that the three firms plan to form a digital asset treasury company by acquiring an undisclosed publicly traded entity.

The post [LIVE] Latest Crypto Updates, 25 August – Why Is Crypto Down Today? Whale Unload 25k Bitcoins As Ethereum Price Hits New ATH: Best Crypto to Buy Right Now? appeared first on 99Bitcoins.