Bitcoin (BTC) started the week in the red, falling to a low of $110,555 on Monday thanks to a weekend sell-off that triggered a flash crash and a wave of liquidations, sending prices crashing. Despite the correction, market data revealed traders are bullish, with improving macroeconomic conditions and dovish comments from Federal Reserve Chair Jerome Powell improving the market outlook. Metaplanet Upgraded From Small-Cap To Mid-Cap Bitcoin treasury company Metaplanet has been upgraded from a small-cap to a mid-cap stock in the FTSE Russell’s September 2025 Semi-Annual Review. The upgrade enables the firm’s inclusion in the flagship FTSE Japan Index. The index provider updates and rebalances every quarter. Metaplanet was added to the FTSE Japan Index thanks to its strong Q2 performance. The company’s inclusion in the FTSE Japan Index also qualifies it for automatic inclusion in the FTSE All-World Index of the largest publicly-listed companies by market capitalization in each geographic region. Metaplanet’s inclusion in major, globally recognized stock market indexes allows the company to redirect capital flows from traditional financial markets into Bitcoin . It will also allow passive stock investors indirect exposure to the flagship cryptocurrency. Metaplanet also outperformed the Tokyo Stock Price Index (TOPIX) Core 30, a stock market benchmark index that features manufacturing and technology giants like Toyota, Sony, Nintendo, and others. The company had announced a year-to-date (YTD) gain of 187% in August, compared to TOPIX 30’s 7.2% YTD gain. Bitcoin (BTC) Whale Cashes Out, Triggers Market Turmoil Bitcoin (BTC) registered a sharp drop over the weekend as an old whale cashed out, rotating his capital from BTC to Ethereum (ETH). The Bitcoin whale rotated around $2 billion worth of BTC into ETH, triggering a 2.2% drop in a ten-minute window on Sunday. The rotation came after another Bitcoin whale moved 670 BTC worth $76 million, selling them to open a long position on ETH. Strategy Stops Up Bitcoin (BTC) Stash With Another Modest Purchase Michael Saylor’s Strategy has increased its Bitcoin holdings, adding a modest $350 million worth of BTC . The company has made only three small purchases this month, likely due to high volatility. Meanwhile, its stock has registered a notable decline in July and August. According to the firm’s latest filing, it purchased 3,081 BTC for $356.9 million, for $115,829 per coin. Strategy now holds 632,457 BTC worth $70.26 billion, and is sitting on an unrealized profit of roughly $23.8 billion. Strategy’s Bitcoin acquisitions have cooled over the past month as the flagship cryptocurrency continues experiencing substantial volatility. Strategy has only purchased 3,666 BTC this month, compared to a staggering 31,466 BTC in July. Bitcoin (BTC) Price Analysis Bitcoin (BTC) registered a sharp drop over the weekend, wiping out Friday’s gains and extending its losses to the current session. As a result, the flagship cryptocurrency fell to a low of $110,555 before rebounding to current levels. The crash was triggered by a sell order by a large Bitcoin whale. The order led to a flash crash, triggering over half a billion dollars in liquidations. The sell order of 24,000 BTC was worth $2.7 billion, and led to a 3.74% correction in under ten minutes. This led to $623 million in liquidations, according to data from CoinGlass. However, some analysts believe that despite the substantial correction, Bitcoin’s bullish structure remains intact, arguing that the drop was not a sign of bearish sentiment but a healthy, maturing market. “No paper BTC conspiracies are required. The price has stalled because several whales have hit their magic number and are unloading. This is healthy - their supply is finite and their selling is required for the full monetization of Bitcoin. Massive blocks of supply, with enormous purchasing power, are being distributed into the population.” BTC started the previous weekend in bearish territory, dropping nearly 1% on Friday (August 15) to $117,436. The price registered marginal increases on Saturday and Sunday, settling at $117,488. However, BTC was back in the red on Monday, dropping 1.02% to a low of $114,703 before settling at $116,286. Selling pressure intensified on Tuesday as BTC plunged nearly 3%, slipping below $113,000 and settling at $112,856. Despite the overwhelming selling pressure, the price was back in positive territory on Wednesday, rising over 1% to reclaim $114,000 and settling at $114,276. Source: TradingView Selling pressure returned on Thursday as BTC fell 1.57% and settled at $112,480. Bullish sentiment returned on Friday as BTC rallied, rising nearly 4% to reach an intraday high of $117,416 before settling at $116,908. However, the price lost momentum on Saturday, dropping 1.30% to $115,383. Selling pressure intensified on Sunday as BTC plunged to an intraday low of $110,635. However, it rebounded from this level to reclaim $113,000 and settle at $113,478, ultimately dropping 2.10%. Bearish sentiment intensified during the ongoing session as BTC fell to an intraday low of $110,555. However, it has rebounded from this level and is trading around $112,701, down 0.70%. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
