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?

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.

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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

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