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1. Bitcoin (BTC) Under Pressure

BTC slipped below the $110K mark, triggering approximately $940M in liquidations, predominantly from long positions (~$800M) over the last 24 hours.

Earlier volatility stemmed from a whale offloading 24,000 BTC, sparking a sharp flash crash.

Continued pressure from macroeconomic headwinds and technical breakdowns further dragged prices.

2. Ethereum (ETH) Holding Resilience

ETH briefly hit a fresh all-time high (~$4,900) on August 24, driven by institutional demand and its key role in smart contracts.

Despite recent pullbacks to around $4,400–$4,700, ETH sustained notable gains—up ~31% year-to-date (YTD)—and continues to attract capital from treasury firms and ETFs.

3. Institutional Trends & Macro Context

The rise of crypto treasury companies now collectively holding nearly 1 million BTC, is causing a supply crunch—BTC availability on exchanges is under 15%, a low not seen since 2018.

Analysts foresee a possible extension of the Bitcoin bull cycle into 2027, with optimistic forecasts targeting $200K per BTC in the next 6–12 months. Others warn of a potential peak in the $140K–$150K range by late 2025.

In Asia, wealthy investors and family offices are increasingly allocating to crypto—some aiming to hold ~5% of their portfolios in digital assets. Funds and platforms across Singapore, Hong Kong, and Korea are seeing surging demand.

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