On August 25, 2025, a significant flash crash impacted the Bitcoin market. The cause? A massive sale of 24,000 BTC by an unknown whale shortly after Fed Chair Jerome Powell’s speech at Jackson Hole, which sparked initial volatility in the crypto market. This event, coupled with options signals indicating jittery markets and subsequent capital rotation towards Ethereum, resulted in a drop of Bitcoin prices below $40,000, triggering over $500 million in liquidations from leveraged positions. Ethereum, however, saw temporary gains despite the Bitcoin crash, showcasing possible shifts in market dynamics. This pattern is consistent with historical data showing cyclical market movements that can happen after halving events, as described in Mitrade’s product disclosure statement.