Ethereum approached a record high this week, and Fallout was cruel for anyone betting on it. Approximately $259 million in short positions were liquidated, with an additional longer position of $80 million. This adds over $340 million in crypto liquidation in just 24 hours. Ethereum alone made up more than half of that total.

FRD Tips Lights the Crypto Market

Meeting It wasn’t random. Comment from Federal Reserve Chairman Jerome Powell suggests that interest rate cuts could be on the horizon. trader I didn’t do it Please wait. Ethereum surged almost 15% on the news, temporarily rising above $4,842. that’s right Within the 2021 peak of 4,878 contact distance. The market was moving rapidly, and so was the liquidation.

Break

$200 million shorts got Rekt in an hour, including 112 million $ eth Just shorts.

The Bulls just torched the bear. This is how the aperture looks. pic.twitter.com/hzinzco0l9

– Dustybc Crypto (@thedustybc) August 22, 2025

The frenzy of liquidation controls the actions of the crypto

This wave of liquidation I didn’t do it Just hit Ethereum. The broader crypto market has wiped out derivative contracts over $668 million. However, Ethereum was the main driver. the It’s rare to see ETH lead this aggressively, but this week It wasn’t Continued Bitcoin Movement. It was setting the pace.

Discover: 9+ Best High Risk, High Reward Crypto Buy in August 20125

Prices over 2021 are the highest ever. Then I’ll pull back

For a while, Ethereum looked ready to set up a new record. However, it slipped after temporarily pushing the 2021 high. At the time of reporting, the price was hovering around $4,773. that I didn’t do it It retains breakouts, but is close enough to remind traders of what momentum ETH can carry when the macro factors line up.

24 hours7d30D1Yeverytime

Why is this more important than just numbers?

this it’s not Only about price. the About how much of a central bank language affects risky assets such as Crypto. One vague comment about future policy has turned the market over and erased hundreds of millions of open positions. In cryptography, the response to headings often exceeds the basics. This week was a textbook case.

Discovery: Next 1000x Ciphers: 10+ Ciphers tokens that could hit 1000X in 2025

What to see next

Ethereum I didn’t do it It breaks through that ceiling quite a bit, the Now sitting under a level that could cause another level Selection subject Move. If it exceeds the old height, there is It could gain momentum in the next quarter. If not, expect a reset and more volatility as traders are relocated. The Fed uses the edge of play and market, no one I’m still relaxing.

Discover: 20+ Next Cryptocurrency to Explode in 2025

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It was a historic week of codes! The Altcoin season may finally come here as Bitcoin (BTC) violates $124,000 for the first time and Ethereum (ETH) is aiming for the best ever test! In the background, major changes are ongoing in Crypto Asia.

Here’s a summary of what’s been postponed

Metaplanet, a Japanese BTC finance company, has seen its stock increase by 190%, surpassing some of the largest and most liquid Japanese blue chip companies.

According to a revenue report released on August 13, 2025, (YTD) revenues have far surpassed the average profit posted by Topix Core 30, Japan’s leading index tracking industry giants such as Toyota, Sony and Mitsubishi Heavy Industries.

Investors who witnessed Metaplanet’s strategy stacked up had their shareholders increased to over 180,000 as of June 2025, up 350% since launching the BTC accumulation strategy.

Metaplanet’s 190% YTD Surge crushes Japan’s Topix Core 30 as the Bitcoin strategy spends a lot of time. Crypto is restructuring the traditional market, but is it paying attention? #crypto https://t.co/5saokalezb

-CVJ.ai (@cvj_ai) August 14, 2025

As Metaplanet previously stated, it plans to purchase 1% of its total BTC supply by 2027. To achieve its goal, Metaplanet will need to purchase 210,000 BTC over the next two years.

To advance BTC’s accumulation strategy, Metaplanet announced its plan to raise $3.7 billion via equity offerings on August 1, 2025, indicating its continued commitment to equity-based financing.

Explore: 9+ Best High Risk, High Reward Cryptographs for Buying in August 2025

Crypto Asia will be boosted by Kazakhstan’s first spot BTC ETF

On August 13, 2025, Kazakhstan launched its first spot in Central Asia, BTC ETF, a major milestone in Asian crypto,

The Fonte Bitcoin Exchange Traded Fund (BETF) currently trades through Fonte Capital, an investment company based in Astana. Unlike other futures-based products, BETF is backed by BTC.

A US-regulated Crypto Company, BITGO offers storage solutions to ensure secure cold storage and in-house access.

The fund is listed on the Astana International Exchange (AIX) and is accessible to both retailers and institutional investors under the ticker BETF.

Kazakhstan has just launched Central Asia’s first Bitcoin ETF.
Another Domino falls into the global adoption arc of BTC.

All new market entry enhances the network effect, and subsequent capital flows are not small. https://t.co/gxejwbmdm9

– Blackqbarn (@blackqbarn) August 12, 2025

In the meantime, Fonte Capital emphasized that BETF will analyze BTC’s price performance before charging.

“BETF aims to accurately reflect the price dynamics of Bitcoin and strive to achieve this performance before fees and funding obligations,” Fonte Capital said.

Additionally, the ETF operates under the legal framework of the Astana International Financial Center (AIFC) and highlights Kazakhstan’s commitment to modernizing its investment infrastructure.

The country is also working to launch the National Cryptocurrency Reserve.

Explore: More than 10 crypto tokens that could reach 1000 times in 2025

Korean traders throw away big technology for crypto stocks

Korean investors are moving away from the major American high-tech stocks and investing in high-risk, highly-paid crypto stocks.

A local news agency reported on the issue on August 11, 2025, citing data from the Korea International Finance Centre (KCIF). The report revealed that crypto stocks, which account for 8.5% of South Korea’s top 50 net purchases in January, surged to 36.5% in June and returned to 31.5% in July.

On the other hand, large tech stocks fell sharply in July to $260 million, down 84% from the monthly average of $1.68 billion recorded between January and April.

corn Korean investors abandon big technology due to the crypto trend!

Korean retail investors are making bold moves! They trade large tech stocks with high-risk, highly reward-related stocks.

Did you know? The top 50 purchase crypto link stocks have jumped out of… pic.twitter.com/ksaxt64zpn

– Meow Meow News (@meowmeowmews) August 13, 2025

Ether Stacking Company’s Bitmine stood out as a clear winner in the country’s growing appetite for crypto-related stocks.

A Bloomberg report issued on August 11, 2025 highlighted that Korean retail investors poured $259 million into Bitmine stocks since early July, making it the most frequent foreign security stock purchased that month.

Meanwhile, over the past 30 days, Bitmine has increased Ether Holdings by 410.68%, and currently holds 833,100 ETH, ensuring its position as the world’s largest ether stacker.

Explore: Best New Cryptocurrencies to Invest in 2025

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With a nearly 14% share price gain in June, Broadcom (AVGO 1.90%) was a clear stock market winner during the month. The initial boost came from the company’s impressive fiscal second-quarter 2025 results, which were reported near the start of June, and were subsequently compounded by an important product launch and a series of positive analyst takes on the stock.

Setting a new quarterly record

During that period, Broadcom managed to grow its revenue by a robust 20% year over year to just over $15 billion — a new quarterly record for the chipmaker. Better, its non-GAAP (adjusted) net income soared 44% higher to nearly $7.8 billion, or $1.58 per share.

Image source: Getty Images.

Although expectations were fairly high, with consensus analyst estimates sitting just below those figures, at $14.95 billion for revenue and $1.57 for per-share adjusted net income, investors ultimately traded up Broadcom stock on the news.

There were other reasons to be satisfied, after all. Broadcom’s rather sparse guidance called for roughly $15.8 billion in revenue for its current (third) quarter; like the trailing results, this is slightly ahead of the average pundit projection ($15.77 billion).

Much of Broadcom’s growth comes from its position as a prominent supplier of chips for artificial intelligence (AI) functionalities. This continues to be a white-hot segment of the tech industry, and the company said its AI-related revenue rose 46% in the second quarter to more than $4.4 billion. More growth is in store, most likely, as Broadcom forecasts this to rise to $5.1 billion in the third quarter.

Accordingly, the company has clearly prioritized the segment. Also, in June, it launched the Tomahawk 6 switch, a product designed to handle the comparatively more intense resource requirements of AI. This specialized hardware manages data traffic flowing through a network. We don’t yet have a solid indication of how the initial takeup of the Tomahawk was, but it’s sure to have been strong.

Banking on a bright future

The rise of AI is relentless and unstoppable, so it’s no surprise that Broadcom is a favored stock among investors and analysts alike. Some in the latter group of individuals were busy in June working up new takes on the company following that earnings report, and for the most part, these analyses were bullish.

One of the more hopeful ones came from HSBC. The bank’s Frank Lee upgraded his Broadcom recommendation from hold to buy and, in the process, more than doubled its price target to $400 per share from $240. Lee cited Broadcom’s strength in the application-specific integrated circuit (ASIC) category, an important one for (again) AI, as a key factor in his move.

Shares of 3M (MMM 8.05%) rose by 8% before 11 a.m. on Tuesday as the market digested an impressive first-quarter earnings report.

An excellent quarter for 3M

Sales came in at the high end of the intra-quarter adjustments to management’s outlook given in March, and margins and profits were significantly higher than the previous outlook.

On the earnings call in January, the company told investors to expect first-quarter sales similar to that of the fourth quarter and adjusted earnings per share (EPS) similar to that of the first quarter of 2024. Investors were initially expecting organic sales growth of 2.1% in the first quarter, accompanied by EPS of $1.71.

However, investors were disappointed in March when CEO Bill Brown told them sales were tracking closer to 1% to 1.5% due to the impact of tariffs slowing revenue growth. On a more positive note, he told investors to expect better earnings.

Today, the 1.5% organic sales growth gave confidence. However, the real reason for the stock price surge is the better-than-expected profit margin, leading to a 10% increase in EPS to $1.88.

Image source: Getty Images.

Why 3M’s run can continue

Management maintained its underlying full-year adjusted EPS guidance of $7.60 to $7.90 but referred to “additional tariff sensitivity,” which could reduce EPS by $0.20 to $0.40.

In addition, Brown’s efforts in margin and operational improvements are bearing fruit with new product introductions (NPI) up 60% in the quarter. The company’s on-time in-full (OTIF) delivery rate also improved again on a sequential basis — NPI and OTIF are key operational targets for Brown.

If 3M can get a little help from the economy and tariffs, then there’s possibly some upside potential to its guidance for the full year, especially as the first quarter beat expectations so handily.

On Wednesday, Bitcoin (BTC) prices plummeted to a four-month low, reaching as low as $81,000, as the anticipated “Trump bump” in the markets faded. This has prompted investors and traders to hedge against further decreases, with Bitcoin options indicating a notable interest in put options with a strike price of $70,000. 

Bitcoin Plummets 20% Since Trump’s Inauguration

According to data from Deribit, the largest crypto options exchange, this strike price represents the second-highest open interest among all contracts set to expire on February 28, with a total of $4.9 billion in open interest poised to expire by Friday.

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Since President Donald Trump’s inauguration in January, Bitcoin has experienced a substantial decline of roughly 20% from its record highs. 

Market analysts attribute this downturn to a combination of factors, including Trump’s “aggressive geopolitical” stance and ongoing concerns about elevated inflation.

Chris Newhouse, director of research at Cumberland Labs, noted, “Tariff policies are further dampening the outlook, and stubbornly high short-term inflation expectations add to the overall caution.” 

Newhouse also highlighted that the Bybit Ethereum (ETH) hack has not only exerted downward pressure on Bitcoin’s price but has also negatively impacted overall market sentiment.

Investors Pull Back Amid Declining Demand For ETFs

The market has also witnessed a significant liquidation of bullish bets, with around $2 billion wiped out over the past three days, according to data from Coinglass. 

Bitcoin perpetual futures—a popular method for offshore investors to leverage their positions—saw a sharp decline in long positions during this timeframe.

Adding to the bearish sentiment, demand for Bitcoin exchange-traded funds (ETFs) has waned, with the group experiencing approximately $2.1 billion in outflows over the past six days. 

This reflects a broader trend of investors pulling back, with more than $1 billion withdrawn from spot Bitcoin ETFs on Tuesday alone, marking the largest outflow since these funds debuted in January of the previous year. The Fidelity Bitcoin Fund (FBTC) and BlackRock iShares Bitcoin Trust ETF (IBIT) were among the hardest hit.

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Bohan Jiang, head of over-the-counter options trading at Abra, commented, “This is a mix of spot selling and basis unwind. In my view, nearly all of this is from ETF spot outflows from directional traders.”

Ethereum has also felt the impact of the Bybit incident, amplifying its volatility, while Solana (SOL) has surrendered gains achieved in recent months amid declining interest in memecoins.

The market’s search for a new catalyst to reverse its bearish sentiment has led many investors to remain on the sidelines, rotating out of cryptocurrencies in a risk-off environment. 

Ravi Doshi, co-head of markets at crypto prime broker FalconX, stated, “The crypto market is still in search of a new catalyst to reverse bearish sentiment.”

Currently, BTC is attempting to find support at $84,578, but has fallen another 4.5% in the 24-hour time frame. 

Featured image from DALL-E, chart from TradingView.com