{"content":"💥 Bitcoin Falls Below $112K — Here Are the Top 3 Reasons Why Bitcoin completed its weekly candle at its lowest level since early last month. This price activity occurred when the market was optimistic after Jerome Powell hinted at a Jackson Hole Fed rate decrease. Bitcoin corrected dramatically in the last week of August despite good macro news. Why? On-chain and market statistics show the primary drivers. Bitcoin dropped as Ethereum gained popularity. Three days after Powell's statements on rate reduction, Bitcoin fell to $110,000 on August 25. As soon as the decline occurred, on-chain data showed whales selling Bitcoin to buy Ethereum. Arkham data showed that “19D5J8,” an OG whale wallet with 23,969 BTC worth approximately $3 billion, transferred most of its cash on August 25 after five years of idleness. “They transferred 12k today and are still selling, likely contributing to the price decline," TimechainIndex creator Sani said. Another whale wallet traded over 18,000 BTC for Ethereum, according to investor MLM. Bitmine and SharpLink's deliberate accumulation efforts may be driving investors toward ETH. Such momentum might cause additional whales to leave Bitcoin, increasing sell pressure. Weekend liquidity exacerbated the drop. The second factor is weekend market dynamics. Weekend crypto markets are always weak, and August 2025 was no exception. CryptoQuant data showed “liquidity traps” that caused manipulation, notably on Sundays when trade volumes plummeted. Thus, with fewer participants over the weekend, a whale's massive sell order caused considerable volatility. Spot and derivatives volumes drop, thinning order books. Cascade sell-offs result from easier stop-loss orders. XWIN Research Japan also found that exchange Bitcoin reserves grow on weekends, the third cause. “BTC exchange inflows spike before weekend dips, signaling sell pressure. The trend reveals reserves are greater on weekends (Sat–Sun), making the market more vulnerable, said XWIN Research Japan. #BTC $BTC #Write2Earn ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/26/4dea30ed15ee406aaad5b19a9ac10ffc.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}