Ethereum Tops 2021 ATH When Bitcoin suffers from flash -crash

Ethereum was at the top of its 2021 All-time High (ATH) to reach $ 4,946 when Bitcoin suffered a flash-cash suffering, 24-hour liquidations pushed past $ 800 million and the crypto anxiety and greed index forced under 50.

The crypto space fell more than 2% in the last 24 hours for a market capitalization of $ 3.94 trillion.

ETH also followed the new peak to trade at $ 4,577 from 4:16 am EST, while Bitcoin fell by more than 2% in the last 24 hours to act at $ 111,768.

The largest 24-hour losers are Mantle (MNT) (11%), Pudgy Pinguins (Pengu) (9.85%) and OKB (OKB) (9.44%), according to Coinmarketcap data.

In the meantime, the top amplifiers Monero (XMR), VeChain (VET) and XDC network (XDC) were, with 2.67%, 2.50%and 0.33%price increases respectively.

Ethereum Price affects record $ 4.9k, Breaking 2021 All-time High

After reaching a new ATH, the Ethereum price came in a correction phase.

The recent wave is part of a trend in the longer term that the Price of Ethereum Soar 74% in the last 3 months.

Augustus has been an important month for Ethereum token, after Spot Eth Exchange-Traded Funds (ETFs) had registered a huge $ 2.79 billion in net intake, data from Coinglass Shows.

According to Novadius Wealth Management President Nate Geraci, there has been a remarkable shift in the inflow between Spot eth ETFs and Spot BTC ETFs.

Spot ETFS with $ 340 million inflow yesterday …

Until now in August:

Spot ETFS = $ 2.8 billion inflow

Spot BTC ETFS = $ 1.2 billion *outflow *

Since the beginning of July:

Spot ETFS = $ 8.2 billion inflow

Spot BTC ETFS = $ 4.8 billion inflow

Remarkable recent shift.

– Nate Geraci (@Nateraci) August 23, 2025

After the soil in April, ETH increased steadily by breaking through the most important Fibonacci retracement levels and making the most recently compared to resistance near $ 4,950 before he withdraws on the daily map.

The ETH price remains well above both the 50-day and 200-day simple advancing averages (SMAs), which enhances the strength of the current upward trend.

In the meantime, the relative strength index (RSI) is at 58, which suggests a healthy power without being in Overbought territory, leaving room for further upside down.

ETH seems to be re -testing at the level of $ 4,950, and if it certainly breaks, a push is more than $ 5,200 possible.

However, if the channel support is tested, the $ 4,100 zone (0.236 FIB level) becomes the first key level to pay attention to a bounce.

According to a crypto analyst on X, called crypto stream, ETH could still rise, given that the current decrease in the ATH is not displayed on the weekly graph.

Your portfolio may have fallen after this predatory weekend price promotion, where you were closed near the Ath -Breakout.

Although it is terrible on the five -minute graph, I encourage you to zoom out a bit.

Ethereum currently has a parabolic expansion and this little dip … pic.twitter.com/mbitvqw9GZ

– Crypto Stream (@Cryptostreamhub) August 25, 2025

ETH could lose steam in September, according to crypto trader Cryptogoos, who said that the price of the Altcoin was historically corrected during the years after lowering years.

$ ETH Seasonalness in September while relieving years is usually negative.

Will this time be different? pic.twitter.com/H9HJ40V3NP

– Cryptogoos (@Crypto_Goos) August 22, 2025

According to another X user, Satoshi StackerEvery time ETH was won in the past in August, it experienced a correction in September.

Bitcoin Flash Crash causes $ 800 million liquidations

Bitcoin suffered a sudden flash crash on Sunday evening and lost more than 3%within a few minutes. The sudden crash was activated by a single whale that has unloaded 24,000 BTC to buy ETH.

Simply in: #Bitcoin Flash Crash Today, which has wiped $ 310 million in long positions, has been reduced to a single bitcoin whale dumping BTC for ETH.

The whale sold 24,000+ BTC, including coins that had not moved in 5+ years, and sent 12,000+ #BTC Today only for the Hyperunite Trading … pic.twitter.com/H5jet92Sys

– Jacob King (@Jacobinge) August 24, 2025

That ensured that BTC dropped from $ 114,790 to $ 110,680 in a few minutes, with traders being overwhelmed.

The crypto market leader has since been found to act above the level of $ 111,000.

According to Coinglass Liquidation data, the sudden price fluctuations knew $ 811 million in positions. A total of 164,316 traders were liquidated within a few hours after the decrease. The largest order with some liquidation was for BTC/USDT on OKX, worth $ 12.49 million.

Bitcoin long positions were confronted with the heaviest losses, with $ 254.17 million wiped away from these bullish bets, while Ethereum Longs lost $ 248.78 million. Smaller altcoins also saw liquidations, although to a lesser extent.

In the meantime, the crypto fear and greed index fell below 50 to 47, but still indicates that the sentiment of investors on the market remains ‘neutral’.

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