A long-dormant whale dumped 24,000 BTC (about $2.7 billion) in late August, triggering intense sell pressure on the Bitcoin market. The Bitcoin whale sell-off forced prices down by roughly $4,000, pushing BTC briefly below the $113,000 support zone and testing the $110,500 level. On-chain data show the dormant wallet, untouched for over five years, fully liquidated its holdings and routed coins to exchange addresses.
The sharp decline amplified bearish technical signals, with the Relative Strength Index (RSI) and MACD both indicating downward momentum and limited reversal signs. Market observers noted a rotation of over $2 billion into Ethereum, adding to the downward pressure on BTC. At press time, Bitcoin traded near $111,743 (down 2.8%) and Ethereum around $4,628 (down 3.0%).
Analysts disagree on the seller’s identity and motive. On-chain experts like Willy Woo warn that low-cost basis holders can severely affect supply dynamics. Others suggest the dump may involve multiple large holders. Traders should monitor exchange inflows, on-chain flows, and the $110,000–$113,000 support range for clues on the next market move.
According to insiders, Galaxy Digital, Multicoin Capital and Jump Crypto are collaborating to raise a $1 billion Solana fund focused on the Solana ecosystem. The crypto fund will allocate capital to DeFi protocols, NFT platforms and infrastructure projects built on Solana. Institutional investors aim to inject significant liquidity into Solana, which could boost network activity and drive up SOL token demand. This move underscores growing institutional confidence in Solana’s performance and may attract further projects and capital, supporting both short-term price gains and long-term ecosystem growth.
The Bitcoin Hyper presale has raised nearly $12 million, driven by significant whale activity. In one day, whales purchased $52 000 worth of $HYPER tokens—highlighted by a $26 600 buy and two separate $12 900 orders. Bitcoin Hyper is a DeFi-ready Layer-2 solution for Bitcoin that integrates the Solana Virtual Machine to enable smart contracts and thousands of transactions per second. Users deposit BTC into a canonical bridge, mint wrapped BTC on the L2, and enjoy lower fees and faster settlements, while finalizing on the secure Bitcoin network. Priced at $0.012795 in presale, the token offers staking rewards up to 93% APY and voting rights in governance. A 2025 forecast targets $0.32 per token, implying a 2 400% return. With only hours left before the next price tier, early investors can capitalize on this Bitcoin Hyper presale opportunity. Whale buys underscore growing institutional and retail confidence in L2 upgrades for BTC.
USDC transfer volume on the Ethereum network reached a record $748.3 billion in July 2025, spread across 8.3 million transactions. This surge in USDC transfer volume rivals major banking systems. It highlights deeper stablecoin integration into DeFi liquidity pools and payment rails. Gas fees spiked at peak moments, yet USDC price held steady near $1.00 with a market cap of $67.38 billion. Analysts link the increase to institutional on-ramps, merchant settlement cycles and elevated DeFi demand. The milestone may attract regulatory scrutiny as stablecoins approach conventional payment volumes. Traders should monitor on-chain analytics, gas fee developments and regulatory signals for further market impact.
KuCoin has launched an Anti-Phishing Month campaign combining user education, incentives, and enhanced technical defenses. According to the Anti-Phishing Working Group, global phishing incidents exceeded 1 million in Q1 2025, with fintech platforms accounting for over 30%. The initiative uses a “Learn + Quiz + Defend” model, rewarding users for completing modules, passing quizzes and enabling anti-phishing codes. KuCoin’s long-term security measures include an intelligent risk control system that intercepts 5,000 high-risk access attempts daily, multi-factor authentication with real-time alerts, and an embedded Security Academy. CEO BC Wong emphasises that security is a shared responsibility, aiming to equip users with the skills to protect themselves. KuCoin serves over 41 million users globally with access to 1,000+ digital assets and holds ISO 27001:2022 certification.
Altcoin price predictions for September 2025 highlight mixed signals for established tokens and a breakout presale project. Chainlink (LINK) trades at $25.41, down 0.99%, with market cap $17.23 billion and daily volume down 66%. Cardano (ADA) sits at $0.8927, down 2.23%, market cap $31.89 billion and volume down 67%, as smart contract updates drive long-term interest despite low trading. Hedera (HBAR) is at $0.2466, down 1.28%, market cap $10.45 billion and volume down 66%, buoyed by enterprise partnerships in supply chain and payments. Newcomer Remittix (RTX) leads presale gains at $0.0987 per token, raising $21.1 million so far. With a Q3 beta wallet launch, CertiK audit, BitMart listing imminent and support for 40+ cryptocurrencies and 30+ fiat currencies, RTX targets a $19 trillion remittance market. While LINK, ADA and HBAR face short-term corrections, RTX’s strong presale traction and roadmap make it a top altcoin presale opportunity.
Bitcoin fell to multi-week lows near $110,000 following a large whale distribution that unlocked 22,769 BTC. The entity rotated proceeds into Ethereum, purchasing 472,920 ETH spot and opening a 135,265 ETH long on Hyperliquid. The sell-off triggered $640 million in liquidations, spurring renewed debate over a $100,000 retest. On-chain data reveals smaller hodlers (<10 BTC) continue to accumulate, while mid-tier holders (10–100 BTC) shift to profit-taking. Whale distribution remains dominant but is easing as price retreats. Market participants point to a significant CME futures gap and a looming Fed PCE inflation report, both likely to influence near-term volatility. Some traders anticipate a fill of the CME gap at $110,000, while others warn of a deeper retracement. Technical analysis highlights a potential head and shoulders pattern, fueling concerns that the bull run may have peaked. Upcoming Fed rate-cut bets and Nvidia earnings could further sway risk sentiment. Traders should monitor support around $105,000–$100,000 and on-chain metrics for signs of renewed accumulation or distribution shifts.
OSL Group (HKEX: 863.HK) has officially launched its OSL Global Exchange, marking a new milestone in its international compliance strategy. The platform initially offers a direct, zero-slippage fiat-to-stablecoin corridor between USD and USDC, addressing high slippage, complex conversion routes and funding restrictions. With bank-grade connectivity and liquidity support from strategic market makers, users can trade USD and USDC at 1:1 parity instantly, plus earn BTC rewards on other digital asset conversions. OSL Global Exchange leverages the group’s global licenses, SOC 2 Type 2–certified custody and USD 1 billion insurance to deliver transparent, efficient on/off ramps via credit cards, Apple Pay and multi-chain services. Future plans include contracts, lending and additional fiat-stablecoin pairs to meet diverse global market needs.
Bullish
Global ExchangeZero-Slippage Fiat ChannelStablecoinOSLUSDC
ZORA token has surged 600% over the past month to a historical high of $0.14, propelled by its integration with Coinbase’s Base App. Base, an Ethereum Layer-2 built on the OP Stack, now supports $4.9 billion TVL, 24.4 million monthly active addresses and over 276 million transactions in 30 days. The revamped Base App features a passkey-based smart wallet, social feeds, payments, mini-apps and an AI assistant, embedding SocialFi primitives like Zora, Farcaster, Clanker and Noice. Each post is minted as an ERC-20 content coin, with 1% of supply allocated to creators and fee-sharing governed by smart contracts. Daily active creators climbed from 2,000 to 22,500, earning over 3,500 ETH in rewards. Critics cite speculative risks, centralized token allocations (38.9% to team, 26.1% to investors) and UX issues, echoing past tokenization failures. Nonetheless, renewed trading volumes and expanding on-chain culture suggest a bullish trajectory for ZORA and the broader crypto creator economy.
An anonymous trader used an ETH leveraged trading strategy, rolling positions from $125K to peak floating gains of $43M. On-chain data shows he grew holdings from 4,000 ETH to 25,100 ETH before a sharp market dip on August 24 cut unrealized profits to $1.13M. The trader now holds 14,600 ETH (≈$67.7M) with a liquidation price of $4,608. This case highlights the volatility and liquidation risk of ETH leveraged trading. Traders should beware the margin danger of aggressive rolling strategies and prioritize timely profit-taking and risk management in ETH leveraged trading.
Bearish
ETH leveraged tradingEthereumLeveraged StrategyLiquidation RiskOn-Chain Analysis
Federal Reserve plans for quantitative easing and rate cuts could unleash a major bullish phase in the crypto market. Historically, Fed stimulus drives risk assets higher, and Bitcoin (BTC) has already reached record highs. Traders eye the crypto bull run fueled by expanding liquidity.
Ethereum (ETH) has broken an eight-year downtrend against BTC, marking a rare breakout and boosting confidence in a $10,000 ETH target. A whale shifted 1,276 BTC into ETH on Hyperliquid, highlighting significant capital rotation. This momentum signals an upcoming altseason, with select altcoins projected to gain 10x–50x.
With BTC consolidating and ETH gaining strength, altcoins stand poised for exponential growth. Heightened volatility in this bullish phase means precise entry and exit strategies are critical. The convergence of Fed stimulus, Bitcoin leadership, Ethereum momentum, and liquidity flow suggests the next crypto bull run is imminent — a sustained bullish phase across BTC, ETH, and altcoins.
Shiba Inu price has stalled within a narrow 0.0000120–0.0000138 range as US consumer sentiment weakens and tariffs threaten to raise living costs. Retail executives at Walmart and Target report that households are cutting discretionary spending, a trend that typically reduces inflows into speculative assets like Shiba Inu and other meme tokens. On the technical side, SHIB is capped below the 0.0000138 resistance (mid-Bollinger Band) while support at 0.00001241 (S1 pivot) protects against an immediate collapse. A decisive break below 0.0000124 could send SHIB toward 0.0000110 or lower, whereas a push above 0.0000140 is needed to trigger a rebound toward 0.0000160. Traders should monitor consumer sentiment data and tariff developments alongside chart patterns to gauge risk appetite. In the short term, expect choppy, sideways action with a bearish tilt unless macro pressures ease.
Japan’s Finance Minister Katsunobu Kato said cryptocurrencies can form part of a diversified investment portfolio despite their high volatility. Speaking at an event in Tokyo, Kato emphasized that the government aims to foster crypto innovation without imposing excessive regulation. His comments come as Japan’s debt-to-GDP ratio exceeds 200%, raising concerns about financial repression and yen depreciation. Such repression—via low real interest rates, inflation and currency controls—erodes returns on traditional fixed-income and cash holdings. This environment could boost demand for alternative assets like crypto, which offer potential real returns and diversification benefits.
Mavryk Network will launch its native $MVRK token on MEXC on September 18 at 13:00 UTC. The initial price is set at $0.10. This listing marks a major milestone in Mavryk’s mission to bring over $10 billion in real-world assets (RWAs) on-chain via tokenization. The $MVRK token, with a fully diluted valuation of $100 million, will power gas fees, delegation, co-staking, and serve as lending collateral. At launch, 5.6% of $MVRK supply will circulate; over 45% is reserved for ecosystem growth and staking incentives.
Mavryk has raised $5.2 million from Ghaf Capital, Big Brain and Draper Goren Holm. It has partnered with MultiBank Group to support a regulated RWA trading platform due in 2025. A $10 billion agreement with MAG Lifestyle Development targets tokenizing Dubai’s luxury real estate. Mavryk’s testnet has processed 110 million transactions and hosts over 2.2 million wallets.
Traders should watch $MVRK’s listing on MEXC for a likely price surge. The token launch enhances liquidity and access to DeFi, reinforcing Mavryk’s roadmap toward a fully interoperable RWA ecosystem.
Nervos Network’s Common Knowledge Base (CKB) is a versatile blockchain platform designed to offer secure, scalable, and permissionless infrastructure for decentralized applications. The network separates asset storage from computation through a layered architecture. The CKB layer stores assets and secures the blockchain using a unique Cell Model—programmable containers that support stateful smart contracts and complex logic. Its native token, CKB, facilitates transactions and value transfers, pays for storage and computational resources, and powers network security via staking and consensus. Developers can leverage the Cell Model and smart contract capabilities to build robust dApps. By decoupling storage and computation, Nervos CKB aims to improve scalability and flexibility within the blockchain ecosystem.
Japanese fashion label ANAP has increased its Bitcoin holdings by 11.68 BTC, bringing its total ANAP BTC holdings to approximately 1,017.98 BTC according to an official August 25 announcement. The incremental purchase demonstrates ANAP’s ongoing commitment to digital assets and diversification of its treasury. This latest acquisition reflects ANAP BTC holdings strategy as the company leverages market opportunities in cryptocurrency. While representing a small fraction of global Bitcoin supply, the move underscores growing corporate adoption of Bitcoin. Traders may view this accumulation as a positive signal supporting bullish sentiment, reinforcing Bitcoin’s role as a corporate treasury asset.
Over 100 industry professionals gathered in Shanghai on August 22 for a forum hosted by the Shanghai Financial Information Industry Association and the Distributed Consensus Technology Association, focusing on stablecoin and RWA (Real-World Assets) innovations in cross-border trade. Speakers included Secretary-General Wu Jun, who highlighted stablecoin’s low-cost, near-instant payment advantages and stressed regulatory transparency; PANews reporter Wang Shengyu, who unpacked the 2025 Global Stablecoin Industry Report across six dimensions including market structure and risks; and Mankun lawyer Mao Jianhao, who outlined compliant RWA tokenization using “whitelisting, redemption flow, and real-time valuation.” Conflux’s Zhang Yuanjie discussed public chain roles and the Asia-Pacific RWA landscape, while Wanxiang Blockchain’s Zheng Lijiang analyzed stablecoin as “quasi-money” and policy contrasts between the US and Hong Kong. Two roundtables addressed cross-border payment challenges—slow bank settlements, high fees, and regional infrastructure gaps—and RWA market dynamics driven by stablecoin yield demands, regulatory clarity, and infrastructure maturation. Participants agreed that stablecoin and RWA innovations are moving from proof-of-concept to scaled trials, with compliance and security remaining critical for global adoption.
Gate Wallet BountyDrop has launched new airdrop campaigns for Mattle.fun and Xpin Network. Gate Wallet BountyDrop tasks are available in the Gate Wallet App “Discover” page. Users can complete simple missions to earn crypto rewards or enter a lottery for airdrop tokens. The three most popular projects by participation are ZO, f(x) Protocol and TermMax. The total airdrop pool has surpassed $470,000. Gate Wallet is a leading multi-chain crypto wallet that connects over 100 public blockchains, supports millions of assets and thousands of DApps. Crypto traders can leverage BountyDrop rewards to explore new DeFi projects and enhance their trading strategies.
Ripple secured a major legal victory on August 22 when the Second Circuit dismissed its final SEC appeal, ruling that XRP traded on public exchanges is not a security while maintaining registration requirements for institutional sales. This decision brings clear regulatory guidance for digital assets in the US. In response, leading asset managers—Canary, CoinShares, Franklin Templeton, 21Shares, WisdomTree, Grayscale, and Bitwise—filed for spot XRP ETFs, underscoring strong institutional demand. Bank Negara Malaysia’s “Project Mawar” classified XRP alongside Bitcoin as a potential substitute for cash and deposits, reflecting rising central bank interest. Renewed focus on XRP’s low-cost, high-speed cross-border settlement utility further supports its adoption. On the chart, XRP has formed a bullish pennant with a projected 75% upside to about $5.17 upon breakout. The RSI sits at 46 in neutral territory, while the MACD shows bearish momentum easing, hinting at stabilization. Regulatory clarity and global adoption catalysts combine to underpin a bullish outlook for XRP.
Dogecoin price remains supported above the 50-day SMA and key uptrend levels at $0.22 after rebounding from recent lows around $0.188. Bullish momentum has pushed DOGE past $0.20 and $0.205, with immediate resistance at $0.238 and a critical barrier at $0.250—the 61.8% Fibonacci retracement of the prior decline. A decisive close above $0.25 could trigger a fresh rally toward $0.264 and $0.288, potentially challenging the $0.30–$0.32 zone. Conversely, failure to clear $0.238–$0.25 may see the Dogecoin price retest support at $0.22, $0.195 (trendline), then $0.189. A break below $0.189 could open the door to deeper declines toward $0.162, $0.150, or even $0.120. Traders should watch these support and resistance levels for signs of a breakout or breakdown.
Bullish
DogecoinTechnical AnalysisFibonacci Retracement50-day SMAAltcoin Support
XRP price has fallen below the key $3 support level, amid $1.2 billion in short positions. The move reflects a close correlation with Bitcoin’s recent retracement from its all-time high of $124,000 to around $112,000. Popular analyst CrediBULL Crypto suggests the XRP price could rebound to $3.6–$4, though the rally depends on Bitcoin’s performance. In the long term, he maintains a $10 spot target for XRP. Legal commentator Bill Morgan argues that XRP’s price swings are driven more by Bitcoin movements than by Ripple’s fundamentals. On-chain analyst EGRAG Crypto warns that XRP must hold above $3.03 for a week to record its highest monthly full-body candle close. Another trader, Dark Defender, highlights a repeating bull flag pattern, with upside targets between $4.39 and $5.85 if support at $3 and $2.85 holds. Traders will watch these levels closely for clues to the next leg in XRP’s trajectory.
Neutral
XRP priceBitcoin correlationShort positionsSupport levelsBull flag pattern
On-chain data shows Chainlink (LINK) exchange reserves fell by 2.07 million tokens in 48 hours as whale accumulation accelerates. Lookonchain reveals a high-profile whale purchased 663,580 LINK ($16.85 million), pushing prices to fresh 2025 highs near $27.8. Institutional momentum builds: Chainlink secured ISO 27001 and SOC 2 Type 1 certifications for its oracle services, and the Chainlink Reserve added 41,000 LINK, bringing its holdings to 150,778 tokens. A new partnership with Japan’s SBI Group aims to develop tokenized real-world assets, stablecoin reserve audits and cross-border settlement solutions. Technically, LINK is testing resistance at $26.8–$28; a successful breakout could target $31–$34, with support at $22–$23 and a lower zone at $20. RSI at 59 and CMF at +0.16 indicate ongoing buying pressure, making LINK a key crypto to watch for traders.
Galaxy Digital, Jump Crypto and Multicoin Capital are in talks to raise $1 billion to build a Solana reserve fund. They plan to purchase SOL tokens and merge with a public shell company, with Cantor Fitzgerald as lead bank. The combined entity would hold over 3.44 million SOL, more than twice the assets of the current largest reserve. The Solana Foundation in Zug supports the move, aiming to complete the deal by early September. Upexi, already holding a leading position, signed a $500 million credit facility last month to buy SOL. Solana’s market cap stands at $107.7 billion, trading at $199.41, up 6.9% monthly and 27.7% year-to-date. The Solana reserve push could strengthen institutional demand and market stability.
Bitcoin CME gap opened at $113,800–$116,700 after Sunday’s sharp sell-off. A 24,000 BTC whale dump, valued at $2.7 billion, triggered a $4,000 price drop and a cascade of liquidations. Bitcoin now trades near $111,400. Traders note that the Bitcoin CME gap often fills by Tuesday, but the current drop tests support zones. Analysts highlight a key support at $111,900 and deeper levels around $103,000. Resistance lies at $114,800, $116,700, and $119,500. Seasonal history warns of volatility in September before potential October rebound. High trading volumes suggest active liquidity sweeps. The whale sale underlines the influence of large holders on short-term swings. Traders should watch the gap fill and support tests for entry points.
Binance Futures has launched a new SOM/USDT perpetual contract with up to 5× leverage, effective August 25 at 17:30 UTC+8. This addition expands Binance Futures’ derivatives lineup, offering traders a regulated platform for SOM perpetual trading. Users should review the contract specifications, margin requirements and funding rate details to optimize position sizing and manage risk. The SOM/USDT perpetual contract launch enhances liquidity for the SOM token and broadens leverage trading options on Binance Futures. By providing a standardized perpetual contract, Binance Futures aims to meet institutional trading standards and attract sophisticated traders. Market participants are advised to consult updated guidelines on margin thresholds and funding intervals before opening positions.
MEXC frozen funds refers to the reported freeze of $3.1M in a trader’s account. Since the MEXC frozen funds dispute emerged, the exchange has provided no formal update. A pseudonymous trader called the White Whale completed KYC, but MEXC delayed releasing funds for a year without explanation. In response, the trader launched a $2M USDC bounty and NFT campaign. The bounty splits $1M among the first 20,000 NFT minters on Base and $1M to verified charities with on-chain receipts. Participants must mint an NFT, tag MEXC or its COO with #FreeTheWhiteWhale, and update their profile image. The White Whale alleges MEXC froze his account for outperforming market makers, citing Acheron Trading research that 78.5% of new token listings disrupt price discovery. Affected users should document records, submit formal support tickets, and consider legal escalation. MEXC’s response remains unverified.
Solana extended its dominance in decentralized finance by recording $124 billion in DEX trading volume in July. This marks the 10th consecutive month Solana has outpaced Ethereum, maintaining a 40% edge in DEX volume.
Alliance DAO data revealed that over 40% of new DeFi project founders in H1 2025 chose Solana, up from 25% a year earlier. Developers cite Solana’s high throughput, low fees and predictable transaction costs as key advantages.
SOL’s market capitalization stands at $107 billion, with the price trading above the $205 zone. Technical indicators, including a 20-day SMA near $191 and green MACD bars, signal bullish momentum. Analysts have set resistance levels at $215, $228 and $240, eyeing a potential longer-term target of $300.
Meanwhile, Ethereum exhibited volatility, falling below $4,800 amid institutional inflows and broader market swings. The contrast highlights a fragmented market: Solana leads in DEX volume and developer adoption, while Ethereum retains strength in institutional demand and alternative use cases.
BitMEX Research highlights Lamport hash signatures, a 1979 hash-based digital signature scheme that offers quantum-safe protection for Bitcoin. Unlike complex post-quantum proposals (HAWK, SQI, Falcon, CRYSTALS), Lamport hash signatures rely solely on hash functions like SHA-256, maintaining 128-bit security against Grover’s algorithm. Each one-time private/public key pair is 16.3 KB, with 8 KB signatures, limiting reuse but simplifying implementation. Advanced variants (Winternitz, XMSS, SPHINCS+) address key reuse and reduce signature size (down to ~2 KB) using Merkle trees. Lightning Labs’ Olaoluwa Osuntokun discussed SPHINCS+ parameter trade-offs at Presidio Bitcoin. While ECDSA may remain secure for decades, offering hash-based quantum-safe spending options could drive gradual adoption. Institutions holding large BTC may lead due to higher fees, while everyday users can split funds between quantum-safe and ECDSA outputs. Broader uptake of Lamport hash signatures and SPHINCS+ would pave the way for future post-quantum upgrades, guided by user choice.
Thailand police have arrested a 33-year-old South Korean national, Han, at Suvarnabhumi Airport on August 23. He is suspected of orchestrating a $47 million crypto-to-gold laundering scheme. Between January and March 2024, crypto wallets linked to Han processed over 47 million USDT. Investigators recovered USDT wallet logs on his phone, confirming his role in cross-border money flows. The funds were used to buy gold bars in at least 30 transactions, each involving 10kg or more. Authorities from Thailand’s Technology Crime Suppression Division believe Han acted as a financial conduit for overseas call centre scam gangs. Prior to this arrest, Thai police charged ten other suspects tied to mule accounts and laundering operations. This case highlights increased enforcement against crypto-to-gold laundering and could affect risk assessments for digital asset traders.