On August 21, the Crypto Assets market continued its Rebound trend, with Bitcoin (BTC) returning above 114,000 USD, and Ethereum (ETH) rising over 5% in a single day, becoming the market focus. Mainstream capital continues to flow in, and institutional participation is increasing, but macroeconomic and policy variables still pose high risks to the market. The Gate analysis team will analyze the current market situation from both technical and strategic perspectives and provide short- to medium-term investment advice.

Recently, macro uncertainty has risen, and encryption assets are under pressure. Market sentiment is cautious, and the bearish sentiment for BTC and ETH Options has strengthened. Investors are using options to hedge risks, and the market is following Powell's speech and the upcoming economic data releases. The Gate Options trading competition is currently underway, providing traders with practical opportunities.

Gate News bot news, according to the official Gate announcement on August 21, 2025: Gate will launch the spot trading of AriaAI project token ARIA on August 21, 2025, at 21:00 (UTC+8) and simultaneously start the 300th Launchpool event. The trading pair will be ARIA/USDT. During the Launchpool event, users can participate in the distribution of 625,000 ARIA token airdrop rewards by staking ETH or ARIA. The event runs from August 21, 2025, 21:00 to August 24, 2025, 21:00 (UTC+8), and rewards will be distributed hourly. AriaAI is a next-generation game development and publishing project that combines Disney-style immersive experiences with AI technology, dedicated to integrating Web2 game quality with Web3 technology. The project focuses on its own IP to create an innovative gaming ecosystem.

Gate News bot message, according to the Gate announcement on August 21, 2025: Gate will launch Gate Wrapped BTC ( (GTBTC) spot trading on August 21, 2025, at 20:00 UTC+8. It will support two trading pairs: GTBTC/USDT and GTBTC/BTC. GTBTC is a BTC yield-bearing asset issued on-chain by Gate Web3, backed by the platform's BTC reserves and encapsulated as a standardized on-chain token. This token has been deployed on multiple public chains such as BSC, ETH, BASE, and SOL. Users can obtain GTBTC by staking BTC, and the earnings during the holding period will be automatically accumulated in the form of net asset value growth.

PANews August 21 - According to The Block, 69 institutional treasuries hold over 4.1 million ETH, worth approximately $17.6 billion, accounting for 3.39% of the total circulating supply of Ethereum. Among them, BitMine holds about 1.5 million ETH, valued at approximately $6.6 billion, ranking first. SharpLink Gaming holds about 740,800 ETH, Ether Machine holds about 345,400 ETH, and the Ethereum Foundation holds 231,600 ETH. Public companies' ETH treasuries total 2.6 million ETH, approximately $10.9 billion. The US Spot Ethereum ETF holds about 670,000 ETH, accounting for 5.5% of the total supply.

Odaily News According to Onchain Lens monitoring, a Whale deposited 400 BTC (worth 45.5 million USD) to the exchange and bought ETH by selling BTC. The Whale also cross-chain transferred ETH back to the Ethereum network, currently holding 11,744 ETH (worth 50.57 million USD).

Gate News bot message, SoSoValue's latest data shows that the Crypto Assets market has experienced an overall Rebound, with various zones showing a 24-hour rise between 2% and 6%. The CeFi zone performed the best, with a rise of 6.35%, among which OKB had a big pump of 48.80%, while BNB, BGB, and GT rose by 5.95%, 7.16%, and 12.15%, respectively. Bitcoin (BTC) broke through $114,000, with a 24-hour rise of 1.57%. Ethereum (ETH) saw an even larger increase, reaching 5.39%, with a price surpassing $4,300. Other indices such as MAG7.ssi, DEFI.ssi, and MEME.ssi also showed an upward trend, with rises of 3.25%, 7.91%, and 4.47% respectively. The DeFi zone rose by 6.06%, and Chainlink (LINK) had a rise of 9.74%. M

Odaily News According to official news, Gate Alpha has launched Kanye West's YZY (YZY). It is reported that YZY is a meme coin released by the famous rapper Kanye West, who tweeted today on official X stating "YEEZY MONEY is here, a whole new economy built on blockchain," and released the token YZY contract address. Gate Alpha now supports SOL, ETH, BNB.

The founder of Liquid Capital, Yi Lihua, pointed out that in August, due to the US financial holiday trading off-season, the crypto market performed poorly, but ETH performed excellently, providing a buy the dip opportunity. The future trend is upward, and attention should be paid to the risks of the US stock market and crypto policies.

Odaily News According to Onchain Lens monitoring, a Whale deposited 1582 ETH, worth 6.8 million USD, into Kraken after being dormant for 8 years. This Whale initially received these ETH from Kraken at a price of 252,000 USD, making a profit of 6.6 million USD.

Gate News bot message, Following the ETH market rebound, on-chain data shows that hacker "0x17E0" has purchased 5,001 ETH (valued at $21.76M) at $4,352 per token. This transaction occurred at a more favorable price point compared to their previous selling position. Prior to this purchase, the same

Gate News bot message, Gate market shows that ETH fell below 4300 USDT, current price 4299.82 USDT.

Odaily News According to Onchain Lens monitoring, an official wallet belonging to the US government (0x3080) received 76.56 ETH from Coinbase, worth 332,000 USD. It is reported that in April 2021, Uranium Finance was attacked, and the US government seized related assets worth 31 million USD in February 2025.

Gate News bot message, a significant Bitcoin holder with 14,837 BTC ($1.69B) executed a notable trading move by selling 670.1 BTC ($76M) and simultaneously establishing substantial long positions in Ethereum. According to transaction data, the trader deposited 670.1 BTC ($76M) to Hyperliquid platfo

Gate News bot news, Gate market shows, ETH breaks 4350 USDT, current price 4350.06 USDT.

Gate News bot message, Gate market shows, ETH falls below 4300 USDT, current price 4298.27 USDT.

According to Jinse Finance, Strategic ETH Reserve announced on the X platform that Argot Collective has launched an Ethereum strategic reserve, currently holding 2474 ETH. Argot Collective is currently a non-profit, independent entity mainly responsible for building and maintaining the core language and tools for the operation of Ethereum applications.

A wallet containing 15,000 BTC that was withdrawn from HTX and Binance 7 years ago has recently started selling on Hyperliquid, causing a sharp fall in the BTC price on the platform, and the funds obtained were used to open a long order of 23,000 ETH.

Gate News bot message, Gate market shows that ETH has broken through 4350 USDT, current price 4351.33 USDT.

Odaily News According to on-chain analyst Yu Jin's monitoring, a Whale "rolled over 125,000 U to go long on ETH" tonight opened a position with 25x leverage for 3,694 ETH, worth 15.75 million USD, at an opening price of 4,272 USD and a liquidation price of 4,183 USD. This position was held for only 26 minutes, earning a profit of 100,000 USD before immediately closing the position, and then withdrew all funds from Hyperliquid to deposit into Aave.

Gate News bot message, Gate market shows that ETH has突破 4300 USDT, current price 4301.21 USDT.

Gate News bot message, Gate market shows ETH falls below 4250 USDT, current price 4249.92 USDT.

Gate News bot message, Gate market shows ETH breaking through 4300 USDT, current price 4300.18 USDT.

Gate News bot message, Gate market shows, ETH breaks 4250 USDT, current price 4250.5 USDT.

Gate News bot message, Gate market shows that ETH has broken 4200 USDT, current price is 4200.04 USDT.

Gate News bot message, a new wallet address (0xae1d0156a2fdc0c632ab2ea521b05d3e71068e31) has executed significant withdrawals from a centralized exchange. The transactions include 234,083 UNI tokens valued at $2.35 million and 485.77 ETH worth $2 million.

Gate News bot message, A significant cryptocurrency movement occurred when a whale address (0xbf219de59653a2bdda955b9e9a20f9200707e949) transferred 2,200 ETH, valued at $9.15 million, from a centralized exchange to Aave V3 protocol for lending purposes.

Gate News bot message, Gate market shows that ETH has fallen below 4150 USDT, current price is 4147.45 USDT.

Odaily News Sweden's listed company PixelFox AB announced the launch of a cryptocurrency strategic reserve, planning to gradually allocate some remaining liquidity to investments in blockchain technology and digital assets, with the largest portion allocated to BTC, ETH, and BNB. It is reported that the company has completed its first cryptocurrency investment of 250,000 Swedish Krona, with specific allocations of 50% invested in staking Ether, 20% invested in Avalanche, 15% invested in XRP, and 15% invested in staking Solana. (Marketscreener)

Gate News bot message, Gate market shows, ETH breaks 4200 USDT, current price 4200.69 USDT.

Gate News bot message, Gate market shows ETH falls below 4150 USDT, current price 4149.97 USDT.

According to Golden Finance reports, The Data Nerd monitored that a certain smart money opened a 25x long position approximately 10 hours ago when the ETH price was about $4,087.9. This trader has been adopting a go long strategy since 2024 and has realized about $8.5 million in profits on the Hyperliquid platform. Currently, their latest trade has generated approximately $283,000 in unrealized profit.

Gate News Bot news, on August 20, according to CoinMarketCap, as of the time of writing, KERNEL (KernelDAO) is currently priced at $0.22, having risen 11.15% in the last 24 hours, with a high of $0.23 and a low of $0.19. The current market capitalization is approximately $49.3 million, an increase of $4.95 million from yesterday, currently ranked 577th. KernelDAO is an ecosystem aimed at providing yields for cryptocurrencies such as ETH, BTC, and BNB. It offers three main products: Kelp, Gain, and Kernel. Kelp allows users to re-stake ETH across more than 10 L2 networks; Gain provides yield opportunities with no lock-up period; Kernel supports re-staking of assets like BNB and BTC. KERNEL token is the core of the entire ecosystem.

Gate News bot message, Gate market shows, ETH breaks 4200 USDT, current price 4200.34 USDT.

On August 20, the cryptocurrency market continued its volatile trend, with Bitcoin (BTC) and Ethereum (ETH) both facing downward pressure. BTC held steady at the support level of $112,573, while ETH dropped below the $4,120 mark. Although short-term fluctuations have intensified, the capital flow and trading depth indicate that market liquidity remains healthy, providing investors with various opportunities for short-term and mid-term positioning.

Ethereum's recent price is close to $5,000 but has failed to break through, due to intensified shorting by large hedge funds that is increasing downward pressure. Hedge funds' short positions rose from $2.3 billion to $4.19 billion in August, indicating their bet on a decline in ETH prices. Meanwhile, asset management companies still hold long orders, reflecting a divergence in the market. Historical data suggests that high short positions may trigger a short squeeze, which could drive prices back up.

Odaily News Trader Eugene stated on social media that he has taken profit around $4700 and subsequently attempted to go long on ETH with a small position. The short-term target range is $4400-4600, and he will reassess whether there is further pump potential after reaching that range. He also emphasized that this position is significantly smaller than before, as the risk-reward ratio for the related trades is relatively low, but still positive.

The price of Ethereum failed to break through the resistance level and fell, primarily due to bearish pressure from large hedging funds. These hedging funds shorted ETH in record numbers, with short positions in August rising from $2.3 billion to $4.19 billion, indicating expectations for continued price declines.

Gate News bot message, Whale address 0x6e17 executed a significant token swap, converting 3,900 ETH (valued at $16.26 million) into 143.26 WBTC. The transaction occurred at an exchange rate of 0.03673 during a period of declining ETH/BTC ratio.

Gate News bot message, Gate market shows, ETH breaks 4150 USDT, current price 4150.2 USDT.

According to BlockBeats news on August 20, on-chain analyst AI Yi ai9684xtpa monitored that an institution has sold 4,000 ETH (worth 16.65 million USD) again in the past 12 hours, with an average price of 4,164 USD. Since August 18, this Address has cumulatively sold 12,575 ETH, with a total value of up to 53.68 million USD, and currently still holds 6,210 ETH.

Gate News bot message, the Radiant Capital hacker executed a new ETH purchase, converting 8.64 million DAI into 2,109.54 ETH at a rate of $4,096 per ETH. This transaction follows their previous activities, where they transformed stolen funds of $53M into $102.54M through ETH trading, generating $49

Golden Finance reports that Ai Aunt monitored an Ethereum address that sold 4,000 ETH in the past 12 hours, with a total of 12,575 ETH sold, amounting to a total value of 53.68 million USD. The address previously received 20,756 ETH from the Ethereum Foundation, but the foundation denies its vesting and currently still holds 6,210 ETH.

Radiant Capital Hacker recently repurchased at a low price during the ETH pullback, selling 9631 ETH for DAI, and then used DAI to buy 2109.5 ETH. Currently, the total value of ETH and DAI held is approximately 94.63 million USD, an increase of about 41.63 million USD compared to the funds stolen last year.

Odaily News According to encryption analyst Yu Jin @EmberCN's monitoring, BitMine began increasing its holdings of ETH on July 9, and as of August 17, it has accumulated 1.5234 million ETH, with an average cost of about 3730 USD; SharpLink started increasing its holdings of ETH on June 13, and as of August 17, it has accumulated 740,800 ETH, with an average cost of about 3478 USD. The two companies together hold over 2.26 million ETH.

A large investor recently converted all of their held ETH into WBTC, profiting by selling part of the ETH at a high price during the process, demonstrating a flexible response to the market.

According to ChainCatcher news and monitored by HyperInsight, during the market fall, the "2745 USD shorting ETH Whale" took the opportunity to reduce holdings by 2.85 million USD, with the current holdings size approximately 54.41 million USD, unrealized losses of about -17.89 million USD, and the liquidation price is 5664 USD.

PANews August 20 news, according to Yujin's report, Rollover Brother rolled over with $125,000 to go long ETH to $6.99 million. During this period, the position peaked at $146 million, and due to continuous falls, he was liquidated multiple times, ultimately conceding and closing all positions. This time, the loss was $6.21 million, with remaining funds of $779,000.

Gate News bot message, Gate market shows that ETH has fallen below 4100 USDT, current price 4097.22 USDT.

Odaily News According to CryptoQuant analysis, a total of 16 companies have adopted the "ETH Treasury Strategy," collectively holding approximately 2,455,943 ETH, valued at about 11 billion USD, which accounts for a significant portion of the market circulation. However, the report points out that risks still exist: there is no fixed upper limit on ETH supply, with about 1 million new ETH added last year; the concentration of holdings is relatively high, with some companies aiming to control 5% but actually holding less than 1%; at the same time, the open interest in futures contracts is about 38 billion USD, and leverage accumulation may amplify fluctuations.