Bitcoin (BTC) is currently experiencing its seventh consecutive week of growth, driven by positive market sentiment. Analysts warn of potential corrections, but overall investor optimism remains high in the cryptocurrency
A remarkable transaction record was experienced in the cryptocurrency markets. A whale wallet managed to increase its capital from $125,000 to $29.6 million in just four months. In the process, the whale achieved a 236x return by opening a long position on Ethereum (ETH). The whale in question deposited $125,000 into the Hyperliquid platform approximately four months ago and initiated long trades on ETH across two different accounts. By consistently adding profits back into the position, the whale built a massive position of 66,749 ETH ($303 million) through this strategy. A trader turned $125K into $29.6M in only 4 months by going long on $ETH , a 236x return – truly legendary! 4 months ago, he deposited only $125K into #Hyperliquid and began going long on $ETH via 2 accounts. He then masterfully compounded his profits, rolling every dollar of… pic.twitter.com/fbN6OKoRel — Lookonchain (@lookonchain) August 17, 2025 However, it is important to remember that although things may have gone well for this whale, making leveraged trades in the already high-risk cryptocurrency market will likely result in the loss of all principal. Related News: Binance Founder CZ's Known Crypto Wallets Display a New Altcoin: It's His Largest Holding, But There's a Problem On the other hand, some of the other whale movements in the market today were as follows: A newly created wallet (bc1qvl) recently withdrew 450 BTC ($53.1 million) from Binance. It also appears that 893,599 ETH ($3.96 billion) of Ethereum was in the market waiting to be unstaking. Instead of waiting, the whale with the address 0x2aC9 directly swapped 4,242.4 stETH for 4,231 ETH ($18.74 million) and deposited it to Kraken to sell. The impatient whale reportedly lost 11.4 ETH ($50.5,000) in this transaction. *This is not investment advice. Continue Reading: Onchain Data Reveals: Ethereum (ETH) Whale That Has Been Trading for Four Months Turned $125,000 into $29.6 Million
This week in cryptocurrency saw significant price fluctuations, with OKB, Mantle, and Aerodrome Finance experiencing sharp gains, while SPX6900, Pudgy Penguins, and Conflux faced notable declines. Bitcoin briefly soared past
CryptoAppsy offers instant data access without account creation. Smart alerts ensure timely updates, eliminating missed opportunities. Continue Reading: Dive into CryptoAppsy and Conquer the Crypto Market’s Chaos The post Dive into CryptoAppsy and Conquer the Crypto Market’s Chaos appeared first on COINTURK NEWS .
It was a rollercoaster week in crypto - Here’s how the crowd favorites stacked up.
Crypto is mainstream, and the 401k market is the latest sector to acknowledge that
WiseLink has made history as the first Taiwan-listed company to adopt a Bitcoin (BTC) treasury strategy. The latest development comes as Asian companies step up their game and increasingly integrate digital assets into corporate reserves for diversification and strategic growth. WiseLink’s $10M Bitcoin Bet According to the official press release, the electronics manufacturer led a $10 million funding round for Top Win International Limited, listed on Nasdaq as SORA, through a three-year convertible note. It also formalizes a capital and technology partnership under the “Bitcoin + Cross-Border Finance” framework. Confirming the development, Jason Fang, founder and managing partner at Sora Ventures, said, “The future is public companies buying public companies that have exposure to digital assets!” The investment, alongside contributions from Chad Koehn of United Capital Management of Kansas and four other backers, will be largely used by TopWin to purchase Bitcoin. Additional plans include selectively investing in listed companies with similar treasury strategies, subject to regulatory requirements. While TopWin clarified it will not operate as an investment company, WiseLink’s move could inspire a new wave of regional corporate adoption that would blend digital asset holdings with traditional business expansion strategies. Asia’s Corporate Bitcoin Race Several Asian companies have already embraced Bitcoin treasury strategies. The pioneer in this aspect is Japan’s Metaplanet. This Tokyo-listed firm amassed 18,113 BTC and is aiming for 210,000 BTC by 2027. It has strategically positioned itself as “Asia’s MicroStrategy.” Next up is South Korea’s K Wave Media. The Nasdaq-listed K-pop entertainment company partnered with Galaxy Digital. The deal includes Galaxy’s investment, unlocking access to nearly $1 billion in institutional capital to advance KWM’s long-term Bitcoin treasury ambitions. Singapore-based Genius Group ramped up its Bitcoin treasury goal from 1,000 BTC to 10,000 BTC in an aggressive approach to its BTC-first strategy. Bitcoin’s price sits just above $118,000, but analysts warn a supply shock could push it toward $1 million. According to Swan, a Bitcoin-only financial firm, the rally this quarter is deliberate and underhyped, and is driven by corporate treasuries and spot ETFs quietly buying BTC via algorithmic “drip” purchases. Swan outlined a four-phase path: quiet corporate accumulation, sovereign accumulation, treasury structures preparing for large-scale bids, and a contagious narrative that ignites mania. Meanwhile, influencer “American HODL” predicted that corporate FOMO could trigger a treasury bubble rivaling the 1999 dot-com boom. The post WiseLink Becomes First Taiwan-Listed Company to Implement Bitcoin Treasury Strategy appeared first on CryptoPotato .
Cryptocurrency market continues strong, influenced by key global events. Peace talks and economic indicators could increase volatility and affect crypto prices. Continue Reading: Crypto Market Stays Strong as Key Events Take Center Stage The post Crypto Market Stays Strong as Key Events Take Center Stage appeared first on COINTURK NEWS .
Ripple whales are accumulating over 1.7 billion XRP at price levels between $2.81 and $3.13. This activity, involving substantial transfers off exchanges, is influencing XRP’s market stability amidst institutional trading
Ethereum’s ( ETH ) recent rally has cooled, with the asset slipping below the $4,500 mark. However, the Ethereum Rainbow Chart suggests that higher levels could still be in play by the end of the month for the cryptocurrency . The chart , which applies logarithmic growth curves to long-term valuation bands, categorizes Ethereum’s price into colored ranges. Notably, the model doesn’t predict short-term moves but helps investors gauge whether the asset is undervalued or overheated. Ethereum Rainbow Chart. Source: BlockhainCenter For August 31, 2025, the chart outlines nine possible valuation zones. At the bottom, the ‘Fire Sale’ band spans $899 to $1,217, followed by ‘Undervalued’ ($1,217–$1,680), ‘Accumulate’ ($1,680–$2,359), and ‘Still Cheap’ ($2,359–$3,355). The ‘Steady’ band, often viewed as fair value, ranges from $3,355–$4,832, close to Ethereum’s current trading level. Above that, ‘HODL!’ covers $4,832–$7,015, ‘Is this The Flippening?’ spans $7,015–$10,200, and ‘But have we earned it?’ runs from $10,200–$14,581. At the very top, ‘Maximum Bubble Territory’ is between $14,581 and $20,778. With Ethereum trading around $4,400, it sits within the ‘Steady’ zone. If it holds this band into the end of August, the model suggests a likely target between $3,355 and $4,832, indicating historical standards fairly value the asset. Ethereum price analysis By press time, Ethereum was priced at $4,442, down 0.15% over the past 24 hours but up 4.5% on the week. ETH seven-day price chart. Source: Finbold From a technical perspective, the 50-day Simple Moving Average ( SMA ) of $3,413.61 and the 200-day SMA of $2,596.84 remain well below current price levels, confirming strong upward momentum and a sustained bullish trend. Meanwhile, the 14-day Relative Strength Index ( RSI ) at 66.86 signals strong buying pressure, nearing the overbought threshold of 70. This suggests further gains are possible for Ethereum, though momentum may cool or face minor corrections if buying becomes excessive. Featured image via Shutterstock The post Ethereum Rainbow Chart predicts ETH price for August 31, 2025 appeared first on Finbold .