Thinking Crypto News & Interviews

WHALES DUMP BITCOIN & ALTCOINS CAUSING CRYPTO CORRECTION!

Aug 25, 2025
Major investors, or 'whales', have triggered a notable crash in the crypto market by dumping over 24,000 Bitcoin, impacting altcoins significantly. The discussion highlights Japan's upcoming 20% flat tax on crypto trades, alongside a push for regulatory changes. Emphasis is placed on self-custody for security, recommending hardware wallets. Exciting trends like the rise of digital asset acceptance globally and innovative investment strategies in the crypto space point to a dynamic market, making it essential for traders to remain cautious.
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INSIGHT

Whale Dump Sparked Major Bitcoin Drop

  • Tony Edward highlights a whale dumping 24,000+ BTC triggered a $310M flash crash and broad liquidations.
  • He suggests whales may reset market sentiment to fear before a future rally.
ADVICE

Avoid Leverage And Use Self-Custody

  • Avoid using leverage because it dramatically increases the chance of getting liquidated during volatility.
  • Do move crypto to self-custody and use hardware wallets for long-term safety.
ANECDOTE

YZY Token Wipeout Example

  • Tony cites Kanye West's YZY token on Hyperliquid as a meme-coin example that wiped out leveraged traders.
  • He recounts Andrew Tate losing $700,000 shorting YZY to illustrate leverage risks.
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