Bitcoin price faced heavy turbulence this week after a massive whale unloaded 24,000 BTC, triggering a sharp drop from $115,000 to near $110,000. Weekend trading proved thin, amplifying the sell pressure and liquidating leveraged longs.
The whale still holds over 152,000 BTC worth $17 billion, sparking fears of deeper dumps. Meanwhile, Ethereum briefly tapped fresh highs before sliding as rotation flows hit the market. Analysts warn liquidity remains fragile and concentrated in whale wallets.
Whale Dump Bitcoin Price Sparking Liquidation, But Futures Interest Still Grows
The weekend sell-off began when a single whale offloaded 24,000 BTC, worth $2,7Bn, in just a few hours. The move sparked outrage on X, with traders stunned by the timing and scale of the dump. Bitcoin plunged nearly 3,5% instantly, while Ethereum, fresh off a $4,950 high, was dragged down by spillover pressure.
JUST IN: A Bitcoin whale sold 24,000 BTC worth over $2.7 billion, causing today’s -$4,000 crash in minutes.
They still hold 152,874 BTC worth more than $17 BILLION. 😳
h/t @SaniExp pic.twitter.com/m4aM9JwlAO
— Bitcoin Archive (@BTC_Archive) August 24, 2025
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Despite the chaos, Bitcoin futures demand climbed, with open interest reaching an all-time high of 762,700 BTC. This shows traders remain deeply engaged, even as volatility spikes. Still, the surge in futures positions doesn’t mean the market is bullish.
Options data shows puts trading at a premium, signaling cautious sentiment. The whale still sits on 152,000 BTC, raising fears of further pain if more coins hit the market. For now, traders are watching whether ETF inflows can stabilize sentiment, or if this weekend marks the start of a deeper correction.
Key Bitcoin Support at $105K as Price Distribution Accelerates
On-chain data shows
Bitcoin
2.47%
Bitcoin
BTC
Price
$63,402.26
2.47% /24h
Volume in 24h
$60.07B
Price 7d
Buy with Best Wallet
holders across wallet sizes shifting into distribution, with the 10-100 BTC cohort leading sell pressure.
Analysts highlight $105,000 as the crucial support level; if lost, downside momentum could accelerate toward $83,000.
(Source – TradingView.com)
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Seasonal weakness compounds risks, as August-September historically brings sharper corrections during Asia’s “ghost month”. ETH fatigue adds to the caution, with inflows slowing while treasury companies keep piling in through debt, raising systemic concerns.
Strategy’s 632,457 BTC stash looms large, showing how concentrated holdings remain. Despite recent weakness, smaller retail wallets continue accumulating, providing some relief.
Strategy has acquired 3,081 BTC for ~$356.9 million at ~$115,829 per bitcoin and has achieved BTC Yield of 25.4% YTD 2025. As of 8/24/2025, we hodl 632,457 $BTC acquired for ~$46.50 billion at ~$73,527 per bitcoin. $MSTR $STRC $STRK $STRF $STRDhttps://t.co/Amqo0Rzlsi
— Strategy (@Strategy) August 25, 2025
Still, the lack of dense cost support between $105,000 and $83,000 leaves Bitcoin exposed if whales and mid-sized wallets keep selling. For now, traders remain split; some see dips as healthy resets, others as the start of a deeper retracement. Whether Bitcoin can hold $105,000 may define the next big trend shift in the crypto market.
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Bitcoin Hyper – Strengthening News After the Crash
The recent Bitcoin dip reminded everyone that even the king of crypto isn’t immune to volatility. But out of this correction comes Bitcoin Hyper, a project designed to make Bitcoin stronger by giving it speed, scalability, and DeFi access.
Now in presale at just $0.012805 per HYPER, Bitcoin Hyper has already raised over $12M, proving there is an appetite for a Bitcoin-native upgrade. Built as a Layer 2 with Solana Virtual Machine integration, it allows smart contract, cheaper fees, and even tokenization of RWA like real estate. Something BTC has never had before.
For holders, the upside is massive. Staking HYPER currently offers 91% APY, making it both a growth play and a strong hedge against inflation.
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