#crypto #Whalestrap moved fast during the August dip, pouring over $600,000 into meme coins like BONK as prices tumbled.Ethereum saw renewed interest, with one whale scooping up over 101,000 ETH — about $350 million buy.Mantle made a quiet comeback, with its token up 68% and user activity soaring past Arbitrum, drawing attention from smart money.
Tariffs are back on the table, U.S. macro data is weakening, and even unemployment figures are being called into question — together, this sparked a storm across global markets.
Bitcoin (BTC) dropped below the $115,000 support zone, and some analysts now warn the price could fall under $110,000. Ethereum (ETH) is still holding above $3,500, likely supported by its strong July performance. While some investors are staying cautious, others are treating the recent dip as an opportunity to buy at a discount.
#CryptoPatience researcher Quinten called it “the most aggressive pace” whales have shown in recent market activity. But smart money didn’t rush into everything. This article breaks down which assets attracted crypto whales during the August correction.@Bitcoin.com #bitcoin $BTC