Ethereum Price Falls 3.6% After Whale-Caused Flash Crash, But Year-to-Date Gains Hold

Ethereum tumbled 3.6% following a whale-induced flash crash, yet maintains strong YTD gains of 31% amid institutional ETF flows and market resilience.

ETH took a nosedive—dropping 3.6% after a major “whale” sold off 24,000 BTC (around $2.7B), sparking a flash crash across crypto markets. This dump triggered widespread sell-offs, tanking ETH to around $4,400 after briefly touching its recent all-time high near $4,954.

Ethereum Grapples with Flash Crash, but Bulls Still Smile

Despite the sudden pullback, Ethereum is still flexing its strength—showcasing a robust 31% year-to-date gain. Quantified by over $296M in ETH liquidations, the crash may have shaken short-term traders, but institutional interest remains solid, with ETF flows and growing corporate treasuries painting a bullish backdrop.

Market insights suggest this drop could act like a “reset button” for ETH, clearing out weak hands and setting up more stable footing. Analysts argue fundamentals remain intact—DeFi usage, staking yields, and ETH’s role in smart contracts all point to resilient demand.

Crypto insiders say these kinds of sharp corrections are expected in increasingly complex markets. With ETF traction building and regulation looking friendlier, the next stage of Ethereum’s cycle may be quietly forming under the volatility.

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Bitcoin Price Pops 1.2% After Fed Hints at Rate Cuts Bulls Still Eye $200K

Bitcoin jumps after Powell signals possible rate cuts — analysts now foresee a potential run to $200K amid institutional demand and ETF inflows.

Bitcoin Price Climbs After Powell Signal Momentum Gears Up for Next Leg

BTC is on the move again, ticking up 1.2% to around $114,942 after Federal Reserve Chair Jerome Powell hinted that interest rate cuts might be on the horizon during his Jackson Hole speech . Lower rates typically lift risk assets like crypto and weaken the dollar, giving BTC a tailwind.

Bitcoin Price Rebounds with Rate Cut Buzz

This rebound comes after Bitcoin retraced from its August high above $124K a reminder that crypto remains hyper-sensitive to macroeconomic cues. Meanwhile, analysts at Bernstein are pushing the bullish case even further, projecting Bitcoin could reach $200,000 within 6–12 months, powered by institutional demand and regulatory tailwinds like the U.S. GENIUS Act .

Asia’s wealthy investors are doubling down too putting more into crypto amid rising confidence and better regulations. UBS reports that Chinese family offices are upping crypto exposure to about 5% of their portfolios .

Put it all together: bullish signals from the Fed, long-term price targets getting more ambitious, and deep-pocketed investors leaning in the BTC price may have more runway than skeptics think.

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Hyperliquid Activates Multi-Quote Spot Trading on Mainnet, HYPE Price Sees Whale Buys

Hyperliquid has entered a new era of decentralized trading by activating multi-quote spot trading on its mainnet. The rollout, completed by the USDT0 team, automatically launched the HYPE/USDT trading pair, according to the platform’s official X update.

hyperliquid

This upgrade allows traders to choose among multiple quote assets, boosting both flexibility and adoption. For HIP-1 base asset deployments, it means new projects can now select their preferred quote asset when launching their initial spot pair. Following Hyperliquid’s model, permissionless pairs between existing base and quote assets are deployed through a Dutch auction mechanism.

📊 Market Impact
HYPE trades at $44.21, down 5.28% in 24 hours, with $228M in trading volume (CoinMarketCap). A whale wallet, identified as 0xa523, recently deposited over $40M USDC into Hyperliquid and accumulated 466,000 HYPE coins ($21.5M) in the $46–$47 range.

💡 Growth Metrics

  • TVL climbed to $2.81B this week (DeFiLlama).
  • Daily fees hit $7.7M on Aug. 15, after $29B in perpetual trading volume.
  • Hyperliquid captured 6.1% of global exchange volume, processing $320B in July alone.
  • 97% of all trading fees are allocated to HYPE buybacks, reinforcing token demand.

Co-founder Jeff Yan, speaking on WuBlockchain Podcast, credited Hyperliquid’s rise to self-funding and user-focused design rather than VC backing:

“Raising millions from venture capitalists doesn’t equal progress; real progress comes when users derive value from what you’ve built.”

With its Layer-1 protocol now securing over $2.21B in TVL, Hyperliquid is positioning itself as a serious competitor to centralized exchanges while staying true to decentralized principles.

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Breaking ! Ethereum Faces Sell Pressure from Foundation Wallet, Bulls Eye $10K

Ethereum slips after a Foundation-linked wallet sold $33M ETH, but strong institutional demand and bullish technicals keep optimism alive.

Ethereum Faces Sell Pressure from Foundation, Yet Bulls Persist

Ethereum is under pressure this week as a Foundation-linked wallet sold thousands of ETH, sparking concerns among traders. Despite this, strong institutional accumulation and bullish technical patterns are keeping long-term optimism intact.

Foundation Wallet Sells $33M ETH

Blockchain tracker Lookonchain flagged wallet 0xF39d, tied to the Ethereum Foundation, for offloading 7,294 ETH ($33.25M) in just three days at an average of $4,558.

  • August 13: Sold 2,795 ETH
  • August 15: Sold 1,300 ETH ($5.87M)
  • Three-day total: 6,194 ETH at ~$4,578 average

Notably, the same wallet previously purchased 33,678 ETH in 2022 for $1,193 each, showing a history of smart accumulation and timing.

Ethereum trades at $4,412.54, down 0.32% on the day.

Market Drivers Add Volatility

The selloff coincided with U.S. inflation data that beat expectations. July’s PPI rose 3.3% YoY, cooling hopes of Federal Reserve rate cuts. At the same time, the U.S. Treasury confirmed it has no immediate plans to add BTC or ETH to reserves, further dampening sentiment.

Still, institutional demand balanced the selling:

  • SharpLink Gaming added 130,000 ETH, lifting its holdings to 728,804 ETH ($3.38B).
  • BitMine bought 28,650 ETH (~$130M), raising its stash to 1.17M ETH ($5.1B).

Technicals Point to Bullish Setup

Crypto analyst Ether Wizz highlighted that ETH’s current structure mirrors its 2017 rally. Back then, ETH consolidated before breaking its 50-week SMA, triggering a major bull run.

The same pattern is emerging in 2025, with ETH holding above its moving average. Wizz forecasts a run to $10,000 this cycle, stating:

“It is a crime to believe that ETH has topped.”

Outlook

While Ethereum faces short-term pressure from Foundation-linked sales, the combination of institutional accumulation and technical strength suggests the long-term uptrend remains intact.

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Ethereum Under Pressure as Foundation Wallet Sells $33M ETH Amid Inflation Jitters

Ethereum faced fresh market pressure this week after a wallet linked to the Ethereum Foundation sold thousands of ETH, coinciding with hotter-than-expected U.S. inflation data. The token traded at $4,412, down 0.32% in the past 24 hours.

Blockchain tracker Lookonchain revealed that wallet 0xF39d, tied to the Ethereum Foundation, sold 7,294 ETH worth $33.25 million within three days at an average of $4,558 per coin. On August 15 alone, the wallet offloaded 1,300 ETH ($5.87M), bringing its three-day total sales to 6,194 ETH. Earlier, on August 13, it had sold 2,795 ETH in multiple transactions.

The sell-off coincided with July’s U.S. Producer Price Index showing a 3.3% YoY rise, reducing expectations of near-term Fed rate cuts. Meanwhile, Treasury Secretary comments confirmed no immediate plans to add BTC or ETH to U.S. reserves, compounding the market’s cautious tone.

Despite retail jitters, institutional players stepped in. SharpLink Gaming added 130,000 ETH, boosting its holdings to 728,804 ETH ($3.38B), while Bitmine purchased 28,650 ETH ($130M), raising its stash to 1.17M ETH ($5.1B).

Technically, analysts note ETH is holding above its 50-week SMA, a setup reminiscent of 2017’s rally. Some experts forecast Ethereum could reach $10,000 this cycle despite short-term volatility.

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7 Reasons Ethereum: South Korean Investors Are Betting Big on Ethereum Stocks Over Big Tech

South Korean Investors Dump Big Tech for Ethereum Stocks

South Korean retail investors are switching up their portfolios, ditching major U.S. tech names like Tesla, Apple, and Alphabet in favor of Ethereum (ETH)-related stocks — and the numbers show it’s not just a passing trend.

Why BitMine is the Hot Pick

The biggest winner in this shift? BitMine Immersion Technologies (BMNR) — a U.S.-listed firm backed by billionaire Peter Thiel. Once a Bitcoin miner, BitMine now focuses entirely on Ethereum and holds an impressive $5.32B worth of ETH, making it the largest corporate ETH holder in the world. It’s even hinted at issuing up to $20B in stock to buy more ETH.

Since early July, Korean investors have poured roughly $259–269M into BitMine shares, making it Korea’s most popular foreign stock. The buzz is fueled by the recently passed GENIUS Act, which gives stablecoins a clearer legal framework, boosting ETH sentiment. The fact that BitMine’s chairman, Tom Lee, has Korean heritage adds an emotional pull for local buyers.

Other ETH-related stocks are riding the wave too — Robinhood, Coinbase, and SharpLink Gaming (which holds over 728,800 ETH) are all seeing major demand. SharpLink’s stock alone has skyrocketed over 126% since July.

Big Tech on the Chopping Block

Meanwhile, Korean investors are offloading their “Magnificent Seven” holdings — dumping $770M in Tesla shares, $230M in Apple, and $177M in Alphabet last month. High valuations, underwhelming earnings, and uncertainty over U.S. tariffs under President Donald Trump are pushing them away from U.S. tech.

Experts think the Ethereum-stock craze could continue short term, but warn that global economic instability might slow overall foreign stock purchases.

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Ethereum Developer Targeted in Supply Chain Attack via Malicious VS Code Extension

Ethereum core developer Zak.eth became a victim of a malicious supply chain attack after installing a compromised Cursor/VS Code extension named “contractshark.solidity-lang.” The extension, which appeared legitimate with over 54,000 downloads and a professional listing, accessed Zak’s .env file and sent his private key to an attacker’s server. Funds were drained three days later, though strict operational security limited losses to only a few hundred dollars.

The attack exploited developer trust in official registries, misspelt names, and large download counts, bypassing OS-level malware detection using JavaScript. Zak noted warning signs he overlooked, including the absence of a linked GitHub repository and unusual publisher names. The breach is part of a wider $500,000+ theft campaign targeting developers.

Zak.eth has since revamped his workflow, relying on isolated virtual machines, hardware wallets, encrypted vaults, and an extension whitelist to prevent future attacks. Security experts emphasize auditing installed extensions, avoiding plain-text secrets in .env files, and cautious development practices in isolated environments.

This incident underscores the persistent vulnerability of even security-conscious developers to supply chain attacks. As Zak concluded, “Good OpSec saved me from disaster. Paranoia paid off.” Developers worldwide are urged to reassess their toolchains and implement stronger safeguards.

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Ethereum Eyes $4,811 as ETF Inflows Smash Records and Inflation Cools

Ethereum surges 5.4% to $4,409 as cooling U.S. inflation sparks ETF inflows over $1B, with analysts targeting $4,811 amid technical breakout momentum.

ETH ETF Inflows Drive Price Towards $4,811

Ethereum is riding a bullish wave as U.S. inflation data and record ETF inflows push the crypto closer to its next big price milestone. July’s Consumer Price Index rose 2.7% YoY, slightly below the 2.8% forecast, boosting the odds of a September Fed rate cut to 82.5%. That macro optimism has lit up risk assets — and Ethereum is soaking it in.

As of now, ETH trades at $4,409.12, up 5.4% in the last 24 hours, with a hefty $47.9B in trading volume. The real kicker? U.S. spot Ethereum ETFs pulled in over $1 billion on August 12 alone, led by BlackRock’s ETHA smashing a $639M single-day record. Total ETH ETF AUM hit $19.2B, a 58% monthly surge.

Ethereum ETF Inflows Signal Big Moves Ahead

Crypto analyst Javon Marks points out ETH has rallied 261% since breaking a long-term resistance, now aiming for $4,811.71 — just under 10% higher from here. The breakout follows a recovery from the brutal 2022–2023 downtrend.

But the rally isn’t without risk. On-chain sleuth Spot On Chain spotted the Infini Exploiter selling 1,771 ETH for $7.44M DAI, and the Radiant Capital Exploiter offloading 3,091 ETH for $13.26M DAI. Both still hold large stolen stashes.

With macro tailwinds, ETF demand, and bullish charts, Ethereum’s path to $4,811 looks solid — as long as whales and hackers don’t rock the boat.

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Breaking Ethereum :Samson Mow 1stly Claims “No One Wants ETH in the Long Run”

Samson Mow Doubles Down on Ethereum Skepticism

Samson Mow, CEO of Bitcoin adoption firm JAN3, has stirred up the crypto community with his blunt take: “No one wants ETH in the long run.” In an X post, Mow alleged that many major Ethereum holders are actually long-time Bitcoin investors rotating their BTC into ETH to pump prices with fresh narratives only to dump Ethereum later and rotate profits back into BTC.

According to Mow, this cycle leaves new investors as “generational bagholders,” especially when psychological resistance near Ethereum’s all-time highs triggers mass profit-taking. He called this the “Bagholder’s Dilemma,” warning traders to plan their moves carefully.

Samson Mow Ethereum Debate Heats Up

Not everyone agrees. ETH advocate Anthony Sassano dismissed Mow’s claims as “old-school Bitcoin maxi rhetoric” and argued such skepticism often signals bullish momentum for Ethereum.

Investor Ted Pillows offered a middle ground—predicting ETH could continue rising, sparking a mini altseason, before money rotates back into Bitcoin and potentially pushes BTC toward $140,000.

Market data shows ETH’s dominance has slipped 10% since late June, despite strong institutional interest and DeFi growth. Yield farming, lending protocols, and higher total value locked (TVL) are pulling users back into the ETH ecosystem, noted Nick Ruck of LVRG Research.

At press time, ETH was trading at $4,299.39 while BTC hovered at $122,003, per CoinGecko. The next few weeks could reveal whether ETH’s rally has lasting power or if another capital rotation back to Bitcoin is imminent.

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Insane ! Strategic Ethereum Reserve Hits 3 Million ETH Worth $13B as Adoption Grows

Strategic Ethereum Reserve Reaches $13B Milestone

The Strategic Ethereum Reserve (SER) has officially crossed the 3 million ETH mark—valued at roughly $12.83 billion—cementing its role as one of the biggest collective Ethereum holdings in the world. That’s about 2.78% of all ETH in circulation.

Strategic Ethereum Reserve Attracts Big Names

Launched to encourage organizations to hold ETH as part of their balance sheets, the SER’s approach mirrors Michael Saylor’s Bitcoin strategy at MicroStrategy. Currently, the reserve has 64 participants, ranging from crypto-native DAOs like Gnosis and Lido to public companies such as Bit Digital and BTCS Inc. Even governments are involved—the U.S. Government holds 59,965 ETH, while Bhutan has 495 ETH in the reserve.

This mix of public companies, DAOs, and state entities shows just how far Ethereum’s reputation has come—not just as a blockchain for apps, but as a yield-bearing, internet-native asset with serious staying power.

ETH’s price is also enjoying a bullish wave. Up more than 17% in the past week, Ethereum is now trading around $4,175 according to CoinMarketCap. The rally comes ahead of the much-anticipated Fusaka upgrade and is being fueled, in part, by the SER’s accumulation strategy, which is tightening ETH’s circulating supply.

If the momentum continues, Ethereum’s position as a key strategic asset could become even harder to ignore.

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