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.

According to Jinse Finance, monitoring by Onchain Lens shows that three newly created wallets have just received 52,475 ETH from BitGo, worth approximately $220.44 million. Analysis suggests that these wallets may be associated with BitMNR.

PANews August 19 news, according to Ai Yi monitoring, Huang Licheng (Ma Ji Lao Ge)'s ETH liquidation price is $3081, still has a large operation space. He has adjusted the take profit and stop loss range to $4242 to $4800. Affected by the recent market fall, his BTC, ETH, HYPE, and PUMP long positions have accumulated unrealized losses of $10.35 million, and some ETH long positions have triggered stop loss.

Gate News bot message, Gate market shows that ETH falls below 4150 USDT, current price is 4148.38 USDT.

BlockBeats news, on August 19, according to Yu Jin monitoring, a certain Whale/institution (Arkham marked as suspected FBG Capital) transferred 16,524 ETH (approximately 70.6 million USD) to Binance in the past 30 minutes, if sold, it would profit 7.98 million USD.

Gate News bot message, institutional investment in Ethereum continues to show strength. Two institutional-linked wallet addresses - 0x50A5 and 0x9bdB - have received a combined total of 9,044 ETH, valued at approximately $38 million, through transfers from centralized exchanges in recent transaction

Odaily News Trading View data shows that the US stock ETH treasury company ETHZ opened with a fall of 9.11%, currently quoted at 6.7 dollars. According to yesterday's news, the ETHZilla stock code has been changed to "ETHZ", and currently holds 94,675 ETH.

Gate News bot message, Gate market shows, ETH falls below 4200 USDT, current price 4199.09 USDT.

Gate News bot message, Gate market shows ETH falls below 4250 USDT, current price 4249.11 USDT.

Investment advisory firm Two Prime has formed a strategic partnership with Figment to offer institutional clients staking rewards opportunities for Bitcoin and over 40 types of digital assets. Both parties are committed to providing transparent and secure yield generation solutions.

Gate News bot message, SharpLink Gaming (@SharpLinkGaming) executed a significant Ethereum acquisition, purchasing 143,593 ETH for $667.42 million during the past week. Following this substantial accumulation, SharpLink Gaming's total Ethereum holdings now stand at 740,760 ETH, with a current marke

Odaily News The OTC Trading market listed company Everything Blockchain announced the launch of a diversified crypto assets vault, which will include three types of crypto assets: blue-chip crypto assets (such as BTC, ETH, SOL, XRP, etc.) that provide long-term stability support, tokens related to blockchain infrastructure, and speculative assets (such as Meme coins, artificial intelligence-related tokens, and gaming/Metaverse project tokens). (Globenewswire)

Gate News bot message, Gate market shows that ETH has broken 4300 USDT, current price 4302.07 USDT.

Gate News bot message, Gate market shows ETH breaking 4250 USDT, current price 4250.43 USDT.

ChainCatcher news, L1 blockchain Supra tweeted that SupraNova has launched on the Ethereum Mainnet and will support more chains (starting from BNB). Users can use SupraNova to move ETH and USDC from the Ethereum Mainnet to the Supra Mainnet without cross-chain.

Gate News bot message, trader James Wynn (@JamesWynnReal) has resumed trading activities using his previous wallet. He has established a new position in ETH with 25x leverage, deploying 111.87 ETH in this trade.

Golden Finance reported that, according to Yu Jin Monitoring, this Whale/institution has continued to accumulate 277.5 WBTC ($32.06 million) and 2493 ETH ($10.65 million) in the past day. It has now accumulated BTC and ETH worth $180 million: 1196.2 WBTC ($141 million) at a price of $118,057; 8711 ETH ($38.7 million) at a price of $4442.

Gate News bot message, A significant cryptocurrency market activity occurred as a whale trader deposited 1 million USDC, totaling $1.35 million, into Hyperliquid. The trader subsequently opened leveraged long positions in multiple digital assets. The positions included ETH with 25x leverage, BTC wit

According to BlockBeats news on August 19, The Block reported that on-chain data shows the US Spot Ethereum ETF holds 6.3 million ETH (approximately $2.67 billion) in on-chain assets, accounting for nearly 5.1% of Ethereum's current total supply.

According to Golden Finance, Hans Gersbach and other scholars from the Swiss Federal Institute of Technology Zurich (ETH) presented a speech on "Contagious Stablecoins?" at the World Economists Conference (ESWC) that opened on the 18th. "In an environment where multiple issuers are competing, if one issuer starts paying interest, then other issuers cannot afford to not follow suit. This will lead to overall inefficiency and instability in the stablecoin system." They added, "The interest payment mechanism of this stablecoin is contagious and may ultimately lead to a series of issues. Therefore, prohibiting interest payments through regulation is a core measure to maintain an efficient stablecoin market." Scholars have also pointed out that in the so-called "stablecoin secondary market," if investors do not redeem directly from the issuer but circulate through market transactions, any failure in adjustment can also trigger panic, which also needs to be addressed.

Gate News bot message, trader @General6316 faced partial liquidation with losses totaling approximately $4.3 million on Hyperliquid during the recent market downturn. His current holdings stand at 3,770 ETH (valued at $15.8 million) and 4,592 SOL (valued at $816,000).

Gate News bot message, Gate market shows that ETH has fallen below 4200 USDT, current price 4199 USDT.

Gate News bot message, renowned crypto trader Machi Big Brother (@machibigbrother) has experienced significant losses in his long positions. The recent market decline has resulted in nearly $10 million reduction in value across his ETH, BTC, HYPE, and PUMP holdings, putting him in a similar position

PANews August 19 news, according to PeckShieldAlert, when the ETH price tested the $4200 mark, address 0xbf2b…15bd was liquidated due to its Holdings, involving 907.7 WETH (approximately $3.9 million). This address currently still holds 633.6 WETH and 21.3 WBTC, with a total borrowed stablecoin amount of approximately $3.6 million.

Odaily News The Ethereum treasury company BitMine stated that the large number of short positions currently in the market for ETH can be seen as potential future purchasing power.

Gate News bot message, Gate market shows, ETH falls below 4250 USDT, current price 4249.83 USDT.

Odaily News According to encryption analyst Ai姨@ai9684xtpa's monitoring, the ETH swing trading Whale 0xF89...8AEfe from 2018 has closed all positions on 1550 WETH purchased at an average price of 2285 USD on June 23, with a single profit of 3.211 million USD. This Whale has executed 4 ETH swing trading operations in the past four years, accumulating a profit of 3.739 million USD.

PANews August 19 news, according to Yujin monitoring, the whale trader "The White Whale" has gone long 63,200 ETH (worth $27.4 million) and 745,000 SOL (worth $138 million) through the main account and 5 sub-accounts on Hyperliquid, with total holdings of approximately $410 million. Since the beginning of July, it has realized an account value of $72.78 million with approximately $21.18 million in principal, accumulating a profit of $51.6 million.

BlockBeats news, on August 19, according to on-chain analyst Ai Yi (@ai9684xtpa), the address 0x737...c1ca6 sold 8,576 ETH at an average price of $4,317 in the past 2 hours, worth $37.02 million. This address received 20,756 ETH 10 years ago when the price of ETH was only $0.875, and it currently still holds 10,209 ETH.

PANews August 19 news, according to the official blog of ETH Strategy, ETH Strategy announced a collaboration with the DeFi staking protocol Ether.Fi to deploy part of the STRAT treasury funds to Ether.Fi for ETH re-staking. Ether.Fi currently has a TVL of over $12 billion and launched the first liquidity re-staking token eETH based on EigenLayer. This collaboration aims to achieve verifiable treasury yield through on-chain transparent holdings and receipt vouchers, with plans to integrate more DeFi protocols in the future to diversify yield sources.

Foresight News reports that according to @ai9684xtpa monitoring, a Whale "rollover go long ETH" has increased the position again 3 hours ago, currently holding long orders of 34,121.49 ETH (approximately 14.6 million USD), and both positions are in rollover status. Among them, the address starting with 0xd076 holds 23,368.54 ETH, with an entry price of 4315.19 USD and a liquidation price of 4177.68 USD, leaving only 43 USD of space until liquidation.

Gate News bot message, Gate market shows that ETH has fallen below 4300 USDT, current price 4299.34 USDT.

Gate News bot message, Gate market shows, ETH breaks 4350 USDT, current price 4350.55 USDT.