On August 25, 2025, Bitcoin dropped below $111,000 amid a significant whale sell-off, leading to market volatility and discussions among traders.
Recent Market Movements of Bitcoin
Bitcoin's price fell below $111,000 on August 25-26, 2025, triggered by a sell-off of 24,000 BTC by a long-term holder, who still possesses 152,000 BTC.
Influential traders and analysts engaged in intense discussions following the sell-off. Notable trader Jelle commented that 'Bitcoin is still murdering leveraged traders around the range lows, and from the looks of it, the sharks are still hungry.' Captain Faibik pointed to weakening support that could push Bitcoin towards the $107,000–$108,000 range.
Effects on Derivatives Markets and Support Levels
The whale's decision led to a $70M liquidation across the derivatives markets. Bitcoin's price saw a 2.6% to 3% decrease, impacting its market cap, which dropped to around $2.23 trillion.
This brought up concerns about support levels currently set around $111,800–$112,000. Analysts predict that further dips could send Bitcoin toward the $100,000 mark or lower, depending on market sentiment and continued selling pressures.
Long-Term Outlook and Investment Opportunities
Social sentiment was mixed, with 51% bullish opinions contrasted by 13% bearish. Analysts suggested a long-term price target of $145,000 remains viable. Jelle continues to warn against heavy leveraging during volatile conditions.
Despite current turmoil, some analysts, like Michael van de Poppe, view the price dip as a good opportunity for long-term investing. Historical whale-driven events have shown potential for either recovery or further corrections, depending on broader market activity and economic factors.
Bitcoin's drop below $111,000 highlighted the vulnerability of its support levels and sparked active discussions among traders. Future prospects remain uncertain, and market participants continue to monitor the situation closely.
