Krutika Adani
Powell’s Speech Fuels Short Rally
BTC briefly surged above $117K after Jerome Powell hinted at a September rate cut, but thin liquidity made the spike unsustainable.
Whales Trigger a Flash Crash
A whale reportedly sold 24,000+ BTC between Aug. 16–24, sparking a panic cascade. Over $2B rotated into Ethereum, with $1.3B staked.
BTC to ETH Rotation Accelerates
Major holders and ETFs are shifting into ETH. One whale turned 100,784 BTC into 62,914 ETH plus a 135K ETH long position.
Ethereum’s Rising Momentum
ETH hit a new all-time high above $4,946, while Bitcoin dominance slipped below 58%. Analysts see Ethereum poised to outshine BTC.