🪦BTC Slips Amid ETH Whale Migration

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Breaking: Bitcoin witnesses a setback. BTC prices slip to $112K amid massive ETH whale acquisitions. Is Bitcoin Dominance slipping away?

🏆 Spotlight on Ethereum: The world’s #2 reigning crypto breaks its own record and sets a new All-Time High at $4.9K. Read more at WhaleTales.

Headlines:

• Bitcoin Dominance Dips Amid Continued ETH Whale Rotation

• Ethereum Climbs to New All-Time High Above $4.9K

• After Monero, Dogecoin?

• Gemini Debuts XRP Credit Card

• Strategy Acquires $357M in Bitcoin

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📊 News flash: Bitcoin slides to its lowest this weekend since early July to $112,692 on Sunday, 12:26 a.m. ET, according to The Block’s cryptocurrency price range page.

In-depth

Bitcoin prices surged briefly to around $117,000 last Friday following Federal Reserve Chair Jerome Powell’s comments at the Jackson Hole conference, hinting at possible interest rate cuts in September. In response to his speech, investors showed increased optimism, resulting in a price spike of the reigning crypto from $112,400 to $117,000 on Friday, but it was short-lived.

Market Matters 🔍

On August 25, WhaleWire CEO Jacob King shared a status on X suggesting a massive whale dump of over 24,000+ BTC from August 16 to 24 and moved it to Ethereum ($2B worth of Ether was purchased and $1.3B staked). The massive dump triggered a panic among investors, resulting in a “flash crash’ in BTC price.

Over the past week, there has been significant market movement with major BTC holders shifting to Ether.

According to Lookonchain, a major OG BTC holder who received 100,784 BTC, dormant for almost 7 years, has been frantically selling Bitcoin for ETH.

Read More Here 👉 Bitcoin whale wakes after seven years, rotates holdings into $270 million worth of ETH.

Hyperliquid Hits $3.4B Amid BTC Frenzy🧨

Hyperliquid ($HYPE) reported a 24-hour spot trading volume worth $3.4 billion, winning the second-largest place in spot BTC trade across all centralized and decentralized platforms.

Also Read: Hyperliquid Soars as HYPE Coin Hits Record High.

Is this the end of Bitcoin Dominance? 🤯

Bitcoin dominance witnessed a significant decline, but is this the end? Not yet. It still remains above the 50% mark.

The weekend showcased a staggering BTC sell-off and liquidation by whales, a change in market sentiment, and investor transition towards Ethereum. Clearly, the altcoin season is looming, but it does not necessarily signal the end of the Bitcoin dominance era.

Related 👉 Bitcoin Dominance Could Drop to 35%, Analyst Warns.

🔥Trending: Ethereum smashes its 2021 records, reaches new All-Time High of $4,900 on Sunday.

Details:

Ethereum steals the show. The No. 2 digital asset fuels the rally, breaking its Nov 2021 high of $4891 to set a fresh record of $4,953, closing at $4,735 on Aug 25, 2025.

The Road Ahead 📈

Analysts predict a significant movement in Ethereum since July. Noteworthy whale accumulation accelerated Ether’s bullish momentum.

Adding to the tide, Federal Reserve Chair Jerome Powell’s recent speech on upcoming interest rate cuts in September further ignited the rally. Furthermore, Ethereum’s transaction volume over the past 50 days has spiked 117% indicating the onset of a bullish outlook.

Industry experts say that a slipping Bitcoin dominance and investors’ shift towards Ethereum could indicate an “altseason” buildup and a strong bull flag momentum.

Related 👉 ‘It’s Going Higher’ Arthur Hayes Doubles Down as Ethereum Finds Its Footing.

After Monero, Dogecoin?

After Qubic hijacked 51% hashrate by harnessing its Useful Proof of Work (uPoW) framework, its next target is Dogecoin. Qubic founder Sergey Ivancheglo asked its community to vote on which ASIC-enabled Proof-of-Work network should be next to test. Sergey announced the results on his Sunday X post, where Dogecoin received 301 votes, leaving behind Kaspa and Zcash. 📎Read More at CoinTelegraph.

Gemini Debuts XRP Credit Card

Gemini partners with Ripple to roll out “The XRP Edition” credit card for U.S. residents, offering instant 4% back in XRP deposited directly into their Gemini user accounts without additional annual fees. Besides cashback, the rewards program entails 4% XRP back in gas, 3% on dining, 2% on groceries, EV charging, rideshares, and 1% in general purchases. 📎Read More at TradingView.

Strategy Acquires $357M in Bitcoin

Strategy Founder Michael Saylor bought 3,081 Bitcoins worth $356.9 million amid Bitcoin’s price drop below $112K. Strategy’s Bitcoin holdings are now a staggering 632,457 BTC, worth $46.5 billion. The latest acquisition strengthens Strategy’s dominance as the largest public Bitcoin holder in the world. 📎Read More at Cointribune.

What is the MEXC Referral Program?

The MEXC Referral Program is an affiliate marketing initiative by MEXC crypto exchange. Registered users receive and share unique referral links through social media posts, DMs, or blogs. The referrer earns rewards for each new user who signs up using the link. The reward is a portion of the trading fees.

• Bitcoin Transaction Fees Fall to Lowest Level Since 2011. CryptoDNES

• Ethereum Turns 10: Price Nears $4K with Global Celebration. Coinfomania

• Top DEX Platforms Clear $425 Billion in a Monthlong Frenzy of Onchain Trading. Bitcoin.com

• Sharps Technology To Build ‘World’s Largest’ Solana Treasury with $400M PIPE Offering. CCN

   

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Disclaimer: The information provided in this newsletter is educational and not intended for any investment or financial advice.