[LIVE] Crypto News Today: August 25, 2025 – Bitcoin Whale Dumps 24K BTC Triggering $4K Flash Crash; Ethereum Briefly Tops $4,900
By Jai Pratap, Asia Desk Editor, Cryptonews.com
Last Updated: August 25, 2025
The cryptocurrency market witnessed notable volatility on August 25, 2025, following a massive Bitcoin whale sell-off that sparked a flash crash and stirred ripple effects across major digital assets. Here’s a detailed look at the latest developments shaping the crypto space today.
Bitcoin (BTC) Plummets After 24,000 BTC Dump
Around early trading hours today, a single whale entity offloaded an extraordinary 24,000 BTC — valued at over $2.7 billion at current prices. This substantial sell order caused Bitcoin to briefly dive by approximately $4,000, sparking a flash crash that rattled market confidence.
Bitcoin’s price fell by 1.67% to $112,570.79 following this event but has since shown some recovery, stabilizing just below the $113,000 mark. Despite the temporary turmoil, Bitcoin remains well above the $110,000 threshold — a key psychological level for traders.
Ethereum (ETH) Hits New All-Time High Before Pullback
In contrast to Bitcoin’s drop, Ethereum briefly surged past $4,900, setting a new all-time high amid bullish momentum in the altcoin sector. However, ETH retraced to just above $4,700, marking a 7.08% decrease at the time of reporting.
The current gas fee on the Ethereum network remains minimal at 0.31 gwei, indicating efficient transaction processing and potentially encouraging increased on-chain activity during this price movement.
Altcoins Facing Broad Sell-Off
Following Bitcoin’s correction, many altcoins have recorded significant declines:
- Solana (SOL) dropped 6.10% to $197.86.
- PEPE slumped 11.49% to $0.000010.
- Shiba Inu (SHIB) decreased by 8.28% trading at $0.000012.
- Dogecoin (DOGE) fell 10.47%, priced at $0.21.
- Ripple (XRP) slipped by 5.07%, holding above $2.96 for now.
Overall, the crypto market capitalization shrank by approximately 1% within 24 hours. This movement prompted more than half a billion dollars in liquidations, significantly impacting leveraged traders and adding to market volatility.
Market Snapshot as of August 25, 2025
| Cryptocurrency | Price (USD) | 24h Change |
|---|---|---|
| Bitcoin (BTC) | $112,570.79 | -1.67% |
| Ethereum (ETH) | $4,593.87 | -7.08% |
| Solana (SOL) | $197.86 | -6.10% |
| PEPE | $0.000010 | -11.49% |
| Shiba Inu (SHIB) | $0.000012 | -8.28% |
| Dogecoin (DOGE) | $0.21 | -10.47% |
| Ripple (XRP) | $2.96 | -5.07% |
| ETH Gas (gwei) | 0.31 | N/A |
Additional Market Insights and News
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XRP Mastercard Launch & Gemini Collaboration: XRP Mastercard has officially launched, while Gemini exchange announced support for SolMining XRP contracts, enabling users to unlock new daily earning opportunities.
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Security Alert: Apple has issued an urgent iOS update addressing a zero-click vulnerability that potentially exposed crypto wallets to hacks, urging users to upgrade immediately.
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Regulatory Perspectives: William Quigley, co-founder of Tether, shared his views on crypto regulations under a potential second Trump administration, citing a more favorable environment for digital assets.
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AI Price Predictions: The latest ChatGPT 5 and Anthropic’s Claude AI forecasts predict mixed price trajectories for XRP, SOL, and DOGE by the end of 2025, reflecting ongoing uncertainty in the market.
What To Watch Next?
As the market digests the impact of the Bitcoin whale’s sell-off amid broader macroeconomic factors, traders should monitor Bitcoin’s price stability near the $110,000 mark and Ethereum’s defense of its new highs. Additionally, regulatory developments and technological advancements, including wallet security patches, will play critical roles in shaping crypto sentiment in the coming days.
Stay tuned to Cryptonews.com for live updates and in-depth analyses as the crypto landscape continues to evolve.
About the Author
Jai Pratap serves as the Asia Desk Editor for Cryptonews.com, leading a diverse global team in delivering comprehensive coverage of the web3 and cryptocurrency sectors. With over five years of experience, Jai specializes in analyzing market trends and blockchain innovations.
Disclaimer
Cryptocurrency trading carries high risks due to volatility. This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consider their risk tolerance before trading.
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