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25 Aug 2025

A huge rotation

Bitcoin is maintaining its downtrend, seeing a weekly loss of 6% following a massive sale of 22,400 BTC in favor of ETH from an OG BTC holder. The massive rotation, taking place on decentralized exchange Hyperunit, helped push ETH to new ATHs of $4,955.
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A huge rotation
Bitcoin fell 6% this week amid heavy selling pressure, as an OG holder rotated 22,400 BTC into ETH on Hyperunit, fueling Ethereum’s brief surge to a new all-time high of $4,955.6 before retracing. Despite the pullback, ETH still gained 3%, with ETHBTC breaking above 0.04 for the first time in 2025, highlighting ETH’s relative strength against BTC. BTC faced a slow bleed throughout most of the week, apart from a short-lived rip higher following Jerome Powell’s Jackson Hole comments hinting at possible September rate cuts citing labor market risks and inflation pressures while shifting toward a more flexible, data-driven framework.
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