Gate Research Institute: Institutional buying continues as BTC price declines | Gate CEO emphasizes that Web3 will achieve widespread adoption

Crypto Market Overview

• BTC (-2.42% | Current Price 110,025 USDT): The price of BTC has seen a continuous decline recently, having now fallen below the 26-day moving average. Whales have been selling off BTC in succession and swapping to ETH, bringing strong selling pressure to the market. However, institutional users are still continuing to buy in, and the current trend of Bitcoin remains unclear. Continuous attention is needed on the interest rate cut policies following the release of the August non-farm payroll data and CPI data. On August 25, BTC ETF inflows reached 219 million USD, of which BlackRock IBIT saw inflows of 63.4 million USD, and Fidelity FBTC saw inflows of 65.6 million USD.
• ETH (-5.92% | Current Price 4,437 USDT): The price of ETH experienced a significant increase in the early hours of August 25, reaching a new high of $4,946 in this round, after which it entered a correction. Today's price of ETH, after experiencing fluctuations in the morning session, gradually rebounded to the range of $4,083 - $4,299 and gained solid support, indicating that buying pressure is relatively resilient. Subsequently, the price attempted to break through the $4,300 level, and bullish momentum was released. If ETH can stabilize above $4,300 in the future, the market is expected to continue the rebound trend and attempt to challenge the resistance level of $4,400; on the contrary, if it fails to break through, it may continue to fluctuate in the range of $4,100 - $4,300 in the short term. On August 25, ETH ETFs had inflows of $443 million, with BlackRock's ETHA inflowing $314 million, FETH inflowing $87.4 million, ETHW inflowing $9.7 million, CETH inflowing $5.6 million, QETH inflowing $2.2 million, ETHE outflowing $29.2 million, and Grayscale ETH inflowing $53.3 million.
• Altcoins: Most mainstream altcoins have entered a downtrend, with market sentiment primarily being "neutral" or "buying". The Fear and Greed Index today reported 48, which is within the normal range, indicating that market sentiment has cooled compared to the previous overheating.
• Macro: On August 25, the S&P 500 index fell by 0.43%, closing at 6,439.32 points; the Dow Jones index dropped by 0.77%, closing at 45,282.47 points; the Nasdaq index decreased by 0.22%, closing at 21,449.29 points. As of August 25, 10:50 AM (UTC+8), the spot price of gold is temporarily reported at $3,375.33 per ounce, with a 24-hour increase of 0.29%.

Trending Tokens on Juejin

FLOCK Flock.io (+28.48%, circulating market value 45.08 million USD)

According to Gate.io market data, the current price of the FLOCK token is $0.427, with a 24-hour increase of 28.48%.

FLock.io is a decentralized artificial intelligence model training and validation network. It breaks down the walled gardens of model creation and development by a few tech companies by making computation, data contributions, and training composable. The team consists of cutting-edge researchers, including several PhDs in computer science from Oxford University. It is backed by major investors: DCG, Lightspeed Faction, Volt, Tagus, OKX Ventures, and others.

The recent price increase is mainly driven by two key factors. First, the FLOCK project team has locked up approximately 25% of the token supply (about 43.1 million tokens), with an average lock-up period of 265 days. This measure effectively reduces the circulation and enhances market scarcity. Second, FLOCK has launched spot trading on exchanges, attracting a large number of new users and stimulating speculative buying, which further drives up the price. Additionally, FLOCK users can earn gmFLOCK as a participation certificate through locking, enhancing ecosystem activity. With the continuous expansion of the AI computing platform and alliance ecosystem, market expectations for FLOCK continue to rise, and overall sentiment remains optimistic, becoming an important driving force behind the price increase.

OMI ECOMI (+94.21%, circulating market cap 121 million USD)

According to Gate.io market data, the current price of the OMI token is 0.00042 USD, with a 24-hour increase of 91.22%.

ECOMI is a technology company headquartered in Singapore, operating with the support of the ORBIS blockchain. ORBIS is a decentralized blockchain platform designed for efficient and secure digital transactions. ECOMI is dedicated to creating a world-class digital platform that allows Web3 users to purchase, collect, and trade digital collectibles. Digital collectibles are unique digital items or assets that can be transferred and traded online through blockchain technology.

The price of OMI has recently increased, mainly driven by the new features announced by the VeVe platform. Starting from November 19, 2025, users will be able to convert OMI tokens into Gems equivalent to US dollars through StackR, and use these Gems to purchase licensed digital collectibles on the VeVe platform, such as digital figurines and digital comics. This move brings additional utility to OMI tokens while enhancing users' flexibility in collecting and trading on the VeVe platform.

EDU Open Campus (+16.39%, circulating market value 42.98 million USD)

According to the Gate.io market data, the current price of the EDU token is $0.161, with a 24-hour increase of 16.39%.

Open Campus is a Web3 education protocol platform where teachers and creators can recognize ownership of the educational content they produce with tokens and utilize this for profit. The mission of this project is to encourage teachers' contributions to society and provide full recognition, as well as to offer a global alternative learning system for students around the world. The mission is to ensure that teachers' contributions to society are recognized and to provide a global alternative education system for learners worldwide.

The price of EDU has recently risen, mainly driven by the launch of Open Campus 3.0. The Open Campus team continues to expand its ecosystem in the education sector, from the initial Publisher NFTs to collaboration with EDUChain, and then to the tokenization of student loans into RWA (real-world assets), bringing approximately $40 trillion of the market on-chain. This innovative initiative not only enhances the application scenarios of EDU but also attracts the attention of edtech and blockchain investors. As the practicality of EDU in the education ecosystem increases, and with the structural and asset on-chain layout of Open Campus 3.0, the market's expectations for EDU remain optimistic, becoming an important driving force for the price increase.

Alpha Interpretation

Cryptocurrency Crash: $900 Million Long Liquidation, ETH and BTC Volatility Soars

This week, the crypto market experienced nearly $900 million in liquidations, mainly due to the excessive leverage of long positions in Bitcoin and Ethereum. Ethereum traders faced $320 million in forced liquidations, while Bitcoin saw $277 million, with losses also occurring in Solana, XRP, and Dogecoin. ETH dropped from $4700 to $4400, and BTC fell to about $110,200.

Volatility has significantly increased, with BTC's daily volatility rising from 15% to 38% and ETH from 41% to 70%. Traders at Derive.xyz noted that this sharp fluctuation is due to ETH's recent rise combined with the overnight decline of the S&P 500 index, with excessive leverage heightening the pressure on risk assets. Traders are focusing on key price levels and the potential risk of further market volatility.

Circle, Strategy, and MARA lead the decline in crypto market stocks, taking profits after the rebound.

On Monday, the U.S. stock market's crypto sector generally declined, with MARA Holdings (MARA) and Circle (CRCL) dropping about 6% in early trading, Bullish (BLSH) down 5%, Strategy (MSTR) down 3%, and eToro (ETOR) and Robinhood (HOOD) also experiencing pullbacks. This drop mainly reflects profit-taking following the significant declines of Bitcoin and Ethereum over the weekend, with Bitcoin and Ethereum both down approximately 4% and 5.5% respectively in the past 24 hours.

Last Friday, Federal Reserve Chairman Powell made dovish remarks, leading to a brief market rebound, with cryptocurrencies and stocks rising sharply at one point. However, investors subsequently interpreted his wording cautiously, and combined with a stronger dollar and a general decrease in risk appetite, this resulted in a pullback in cryptocurrency stocks on Monday. The market is also paying attention to this week's important macroeconomic data, including NVIDIA's earnings report, GDP and unemployment claims data, as well as the core PCE index, all of which will continue to affect the performance of digital assets and related stocks.

WebX 2025: Japan's largest Web3 event held in Tokyo, Gate CEO Han Lin emphasizes that the widespread adoption of Web3 is imperative.

The largest Web3 event in Japan, WebX, will be held at the Prince Park Tower Tokyo from August 25 to 26, 2025. This is the third year of the conference, attracting over 1,000 companies and more than 100 exhibitors. The organizer is CoinPost, and notable guests include Maelstrom CEO Arthur Hayes, SBI Holdings representative Yoshitaka Kitao, and Tokyo Governor Yuriko Koike.

This event focuses on blockchain, encryption assets, and cutting-edge technologies, covering four major highlights: high-end dialogues, global cooperation, business matching, and innovation displays. At the same time, more than 150 side events will be held in Tokyo. Gate CEO Han Lin pointed out in his keynote speech: "The next generation of financial order will be built on the chain, and the widespread adoption of Web3 is imperative." He emphasized: "While others are still guessing, Gate is building the infrastructure for future finance."

Gate Launchpool

New Subscription Details

Subscription Project: Alt.town

Token Name: TOWN

New application period: until September 2, 2025, 20:00 (UTC+8)

Participation method: Stake USDT or TOWN to receive for free.

Total airdrop amount: 2,727,273 TOWN

Project Introduction

Alt.town is the next-generation Web3 platform focused on the value growth of virtual idols. By integrating blockchain technology, the platform empowers creators, fans, and brands to achieve digital ownership and data-driven fan interaction. The protocol is committed to building a sustainable and transparent fan economy, enabling fair participation, governance, and value sharing throughout the entertainment ecosystem.
Reference materials:

• Gate, https://www.gate.com/trade/BTC_USDT
• Farside Investors, https://farside.co.uk/btc/
• Gate, https://www.gate.com/trade/ETH_USDT
• Farside Investors, https://farside.co.uk/eth/
• Gate, https://www.gate.com/crypto-market-data
• Investing, https://investing.com/indices/usa-indices
• Investing, https://investing.com/currencies/xau-usd
• CoinGecko, https://www.coingecko.com/categories
• Panews, https://www.panewslab.com/articles/796690bd-e1c7-4670-b17e-283d0a1e031d
• Coindesk, https://www.coindesk.com/markets/2025/08/26/ether-dogecoin-bitcoin-plunge-sees-usd900m-in-bullish-bets-liquidated
• Gate, https://www.gate.com/launchpool/TOWN?pid=363

Disclaimer Investing in the crypto market involves high risks, and users are advised to conduct independent research and fully understand the nature of the assets and products they are purchasing before making any investment decisions. Gate does not take responsibility for any losses or damages arising from such investment decisions.