Overview

• Bitcoin briefly fell to about $108,700 before hovering near $109,000–$110,000, slipping below the 100‑day moving average in early Tuesday trading.
• Roughly $900 million to $940 million in crypto futures were liquidated in 24 hours, affecting more than 200,000 traders, with the bulk hitting long positions, according to CoinGlass.
• The total crypto market value dropped back under $4 trillion to roughly $3.83–$3.84 trillion as capital exited risk positions.
• ETF flows showed rotation toward Ether, with spot ETH ETFs taking in about $444 million on Aug. 25 while U.S. spot Bitcoin ETFs recorded around $219 million of net inflows with no reported outflows.
• Derivatives signals stayed stretched with positive funding and elevated open interest, options skew flipped to favor puts, and analysts flagged $108,000–$105,000 as key support that, if lost, could trigger further long squeezes.