Bitcoin News Today: Whale's $2.7B Dump Tests Bitcoin's Resilience and Liquidity Faith

Bitcoin held key support levels around $112,000 following a sharp selloff triggered by a large whale dumping 24,000 BTC—worth approximately $2.7 billion—on Sunday, sparking a 3.74% correction in under ten minutes. The sell-off led to over $550 million in liquidations, with Bitcoin briefly falling below $111,000 before stabilizing near $112,800 as of early Monday in Asia. The move raised concerns over the fragility of crypto liquidity, particularly during thin weekend trading volumes. Analysts noted that the transaction, executed by a whale holding an estimated 152,874 BTC—worth $17.3 billion—highlighted the outsized influence large holders continue to have on market dynamics [2].

Amid the volatility, public company Strategy continued its aggressive Bitcoin accumulation, purchasing 3,081 BTC for $356.9 million in the week ending Sunday, bringing its total holdings to 632,457 BTC with a total cost of $46.5 billion. The acquisition, executed at an average price of $115,829, added to the company’s long-term Bitcoin yield, which now stands at 25.4% year-to-date. Strategy’s purchases in August—3,666 BTC—were a fraction of its 31,466 BTC acquisition in July, signaling a slowdown in its buying pace. The company revised its 2025 KPIs in late July, raising its BTC yield target from 25% to 30% and Bitcoin gain target from $15 billion to $20 billion [1].

Technical indicators showed signs of bearish momentum, with Bitcoin slipping below its 100-day Exponential Moving Average (EMA) at $110,865. The Relative Strength Index (RSI) hovered near 40, indicating growing bearish pressure, while the MACD indicator recorded a bearish crossover last week. For Bitcoin to regain bullish momentum, it must reclaim resistance at $116,000 while maintaining support above $110,800–$112,000. Failure to do so could open the door to a deeper correction toward $108,000 or $103,000. Analysts also noted that if the whale sold its remaining 152,874 BTC, Bitcoin could fall to between $79,000 and $90,000, according to AI-driven analysis [2].

The market’s broader context was also shaped by institutional flows. Spot Bitcoin ETFs experienced $1.17 billion in outflows last week, marking their worst week since early March. This, combined with whale activity and ongoing debates over Bitcoin’s exposure to large investors, intensified downward pressure. Meanwhile, Ethereum (ETH) showed resilience, trading at $4,707—up 9% in the past week—despite the Bitcoin dip. Analysts attributed this to a structural shift in institutional demand, with some capital rotating from Bitcoin to Ethereum ahead of anticipated Fed rate cuts [4].

Looking ahead, the market’s immediate focus remains on whether buyers can stabilize price above $110,800–$112,000, with a potential recovery toward $116,000–$118,000 if selling pressure eases. Long-term investors, however, are eyeing the upcoming Bitcoin halving in 2025 and the potential for renewed bullish momentum as on-chain metrics and ETF demand evolve [5].

Source:

[1] Strategy buys $357M in Bitcoin as price drops to $112K (https://cointelegraph.com/news/strategy-buys-357-million-bitcoin-btc-price-drops-112k)

[2] Why Bitcoin Whale's Huge Selloff Spooked Traders (https://cryptonews.com/exclusives/why-bitcoin-whales-huge-selloff-spooked-traders/)

[3] What Bitcoin's Weekend Dip Means for the Crypto Bulls (https://decrypt.co/336618/what-bitcoins-weekend-dip-means-for-the-crypto-bulls)

[4] Bitcoin Flash Crash Triggers $550M in Sunday Liquidations as Ether Rotation Builds (https://www.coindesk.com/markets/2025/08/25/bitcoin-flash-crash-triggers-usd550m-in-sunday-liquidations-as-ether-rotation-builds)

[5] Bitcoin Struggles as Whale Selling Overshadows Fed Rate Cut Optimism (https://bravenewcoin.com/insights/bitcoin-btc-price-today-bitcoin-struggles-as-whale-selling-overshadows-fed-rate-cut-optimism)