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Market Declines After Whale Sell-off of 24,000 BTC

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by Giorgi Kostiuk

7 hours ago


On August 30, 2025, the cryptocurrency market experienced a sharp sell-off significantly affecting Bitcoin and Ethereum due to whale transactions and upcoming economic data from the U.S.

Whale Activity and Market Impact

A pivotal event involved a single whale selling 24,000 bitcoins, worth approximately $2.7 billion. This event resulted in substantial price declines for Bitcoin and Ethereum. The total market cap shrank by $205 billion in one day as liquidity decreased, continuing to influence trading strategies.

Historical Trends in Whale Sell-offs

Historically, whale sell-offs have had cascading effects on the crypto market, causing price spikes and fluctuations reminiscent of notable pullbacks in 2017 and 2021. As of August 30, 2025, Bitcoin's price hovered around $108,484.62, with a market cap of $2.16 trillion, experiencing a 1.33% decline over the past 24 hours.

Investment Outlook Amid Volatility

Insights from Coincu analysts suggest current circumstances may shift interest towards DeFi and stablecoin investments. Institutional investors are exploring alternative strategies to mitigate risks associated with Bitcoin's volatility. A representative from Finestel noted, 'Finestel portfolios raised DeFi allocations to 12.5%, utilizing liquidity farming and delta-neutral strategies to generate alpha in sideways markets...'

The cryptocurrency market remains under pressure from whale actions and anticipated economic data, underscoring its vulnerability and the need for cautious investment strategies.

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