Bitcoin ($BTC) dipped massively during the weekend after a whale sold 24,000 $BTC, causing a landslide that liquidated over $600M.
The event compressed $BTC to sub $111K, after which it bounced to $113K and contracted to a little over $111K again.
According to data from Coinglass, the $2.7B whale transaction triggered a liquidation wave of $623M, following a 3.74% correction in just ten minutes.
However, despite the drawback, crypto analysts don’t believe in the Bitcoin bear yet. According to X analysts, the liquidation wave is the result of whales ‘hitting their magic number and unloading.’
This checks out, given that the address that recorded the $2.7B transaction still holds 152,874 $BTC, worth over $17B.
Bitcoin Bull Fall is Coming
Fundstrat’s Tom Lee believes that the market is yet to enter a true bull phase later this year.
His assessment is based on the fact that institutional crypto adoption is outpacing retail this year, with more companies buying $BTC than ever before. The rise in institutional trust lends credence to Bitcoin, attracting even more high-profile investors.
Strategy exemplifies the trend, with two more $BTC purchases in August alone, for a total investment of $69M.
Moreover, Michael Saylor hinted at yet another purchase to come by the end of the month with a cryptic but suggestive ‘Bitcoin is on sale.’
At the same time, Japanese company Metaplanet bought another 103 $BTC for $11.7M, bringing its reserves to 18,991 $BTC, worth over $1.95B.
The growing institutional interest makes sense in a universe where Bitcoin’s probability of negative returns falls to 0% after 10 years and drops gradually until then, according to Glassnode data.
The conclusion is evident: Bitcoin is preparing for a bull run that may not end anytime soon. Trump’s own advisor, David Bailey, doesn’t believe we’ll see a Bitcoin bear market for at least the next several years.
With $BTC on the verge of a historic rally, projects like Bitcoin Hyper ($HYPER) are ready to permeate the public conscience.
Bitcoin Hyper ($HYPER) promises to change the Bitcoin ecosystem by circumventing the 7-TPS limitation with the help of Solana Virtual Machine and Canonical Bridge.
The Canonical Bridge is meant to decongest the network and deliver higher throughput and scalability by minting the users’ $BTC coins on the Hyper layer. This takes pressure off of Bitcoin’s main network, resulting in faster and cheaper transactions.
Hyper also relies on the SVM to bring Solana’s unmatched performance into the Bitcoin universe, which would result in programmability, ultra-fast smart contract execution, and batched transaction processing.
The $HYPER presale just broke $12M, with one token priced at $0.012795. Reaching this performance in just a few months since its start date in May paints $HYPER as one of the fastest-growing and most successful presales of 2025.
If you want to invest and support the project, now may be the time to tune in. Based on the project’s utility and scope, we expect $HYPER to gain massive momentum post-launch.
Bitcoin Winds Up for a Legendary Bull Run
$BTC’s bearish move over the weekend is nothing more than a price correction following whales cashing in. Long-term, institutional interest will drive $BTC to a new ATH, most likely before the year’s end, and a bullish marathon that may last for years.
This should create upwards price pressure for projects like Bitcoin Hyper ($HYPER), whose utility could turn it into a vital component of the Bitcoin ecosystem.
Don’t take this as financial advice. Do your own research (DYOR) and invest responsibly.
