A whale of a Bitcoin sale 🐋

Bitcoin, Ethereum, and other top coins fell fast Sunday after a whale dumped $2.7 billion worth of BTC onto the market.

Author

Andrew Hayward
August 25, 2025

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📝 What you need to know

Ethereum pushed to an even higher peak on Sunday, but then ETH and other top coins fell fast after a massive Bitcoin whale caused some drama in the markets.

Someone dumped 24,000 BTC—worth about $2.7 billion—in what appeared to be a single sell order Sunday afternoon, which sent Bitcoin tumbling 3.74% in under 10 minutes. This flash crash wiped out over $623 million in leveraged positions. The whale in question still has a huge stash, holding around $17.3 billion worth of BTC.

Interestingly, crypto experts aren't too worried about this. They're calling it a healthy part of Bitcoin's maturation process, where early whales are just taking profits after hitting their target numbers. The sell-off was potentially made worse by weekend trading conditions—lower liquidity and leveraged long positions that got squeezed.

Bitcoin remains down by nearly 2% on the day at $112,454, per CoinGecko data, while Ethereum has seen a much larger dip, falling almost 7% to $4,592.

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