Currently, there is widespread fear in the market, with many predicting that Bitcoin will fall below $ 100,000 and Ethereum will drop below $3,000; however, this couldn’t be further from the truth. This ‘crypto crash’ is a typical, healthy pullback that occurs in every bull market.
As of today (July 25), Bitcoin is trading for $115,700, 6% below its all-time high of $122,838 that was reached just 11 days ago, on July 14. As for Ethereum, it has demonstrated remarkable strength over the past month, driven by substantial institutional demand for the ETH token.
Update:#GalaxyDigital has transferred nearly 30,000 $BTC($3.5B) out today, most of which went directly to exchanges and were sold.
Then #GalaxyDigital withdrew 1.15B $USDT from exchanges.#GalaxyDigital still holds 18,504 $BTC($2.14B).https://t.co/bVtNwP2iXI pic.twitter.com/Wv1cD3aHbf
— Lookonchain (@lookonchain) July 25, 2025
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Bitcoin Pullback Linked To Galaxy Digital 80,000 BTC Sell-Off
Sentiment, demand, and bullish structure for Bitcoin remain intact, and its 2.8% daily drop can seemingly be attributed to Galaxy Digital beginning to offload the last 40,000 of the 80,000 BTC from the OG Bitcoin whale that was in the news a few weeks ago.
As of right now, blockchain analytics firm @Lookonchain has confirmed that 30,000 of the 40,000 BTC have now been sent to exchanges and sold, with Galaxy withdrawing $1.15 billion in USDT from the exchanges.
Also, according to @Lookonchain, Galaxy Digital still holds 18,504 BTC, valued at $2.14 billion. However, with the vast majority of the Bitcoin stack having already been sold, the worst of the damage appears to have already occurred, and a drop below $115,000 looks unlikely.
Rather than fearing this sell-off and subsequent price drop, investors should adopt a bullish outlook on the situation. One institution dumping $3.5 billion worth of BTC in a single day has only resulted in a 2.8% drop for the cryptocurrency, as buyers have stepped in and are buying each dip.
Once Galaxy sells the final 18,000 BTC, it will likely signal the local bottom, and a sharp recovery is expected to follow. Another sign that the small Bitcoin drop is purely down to this one large-batch sell-off is the strength shown by Ethereum. While BTC has dropped nearly 3% on the day, ETH is actually up 0.7%, trading steadily at $3,650.
(SOURCE)
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ETH Is The In-Demand Token Right Now, Rubbishing All Talks Of A Crypto Crash
Wall Street Billionaire Mike Novogratz: "The narrative of Ethereum is really powerful. There's not a lot of supply of $ETH. I think Ethereum outperforms Bitcoin in the next 6 months." pic.twitter.com/nLt6ITi8Lw
— Altcoin Daily (@AltcoinDaily) July 24, 2025
There are rumors that the 80,000 BTC sell-off from Galaxy Digital over the past few weeks will be allocated toward a significant accumulation of ETH, with the firm currently holding around $6 billion from its Bitcoin sales to date.
This narrative has been promoted by the likes of Michael Novogratz, a notable American investor who stated on a recent CNBC TV appearance that ETH could outperform BTC over the next few months.
Ethereum being a more appetizing investment than Bitcoin currently is a sentiment echoed by BlackRock, Fidelity, and Grayscale. All three asset managers have continued to buy ETH in large quantities consistently for the past few months, as demand for the asset via their exchange-traded funds (ETFs) has continued to rise.
Net inflows of Ethereum across all ETH ETFs are closing in on a whole month of positive inflows, following yet another day of investors putting more cash into these funds than they’re taking out.
ETH is teetering close to breaking out above $4,000, and once that level is reached, a run toward last cycle’s all-time high of $4,800 will be the next target.
Conservative predictions for Ethereum this cycle range between $7,000 and $10,000. With institutional demand and a recent uptick in publicly traded companies pivoting to Ethereum Treasury strategies, similar to Michael Saylor’s Strategy playbook, those predictions for ETH seem more than plausible.
BLACKROCK IS BUYING ETH
FIDELITY IS BUYING ETH
GRAYSCALE IS BUYING ETHAre you buying $ETH? pic.twitter.com/xjDVQDgGyW
— Arkham (@arkham) July 22, 2025
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BONUS: TOKEN6900 (T6900) Shaping Up To Be The Hottest Meme Coin This Summer
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Currently, over $1.1 million of the hard cap has been secured, meaning just $3.9 million more in investment, and T6900 will instantly hit the market.
It is a vibes-led community project that promises no utility and no roadmap, aiming to skyrocket purely on its brain rot content that attracts the Gen-Z TikTok generation, similar to how the SPX6900 community pushed the token to over $1 billion.
The T6900 token is rapidly gaining the same level of attention that the SPX6900 received in its early days, and it is fostering a dedicated, cult-like community. This community is essential for any meme coin aiming to become a $1 billion token.
To secure your T6900 tokens before the presale reaches its $5 million hard cap, head over to the TOKEN6900 site to make your purchase.
You can connect a wallet like Best Wallet, or you can buy tokens directly with a credit card.
Additionally, a staking protocol is included in the T6900 presale, offering a 63% annual percentage yield (APY) for dedicated enthusiasts who want to grow their T6900 holdings while enjoying the benefits and awaiting the hard cap to be reached.
Join the community of enthusiasts on X or Instagram for maximum engagement and brain rot meme content.
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