A Whale with 50x leverage Long positions on BTC and ETH, with entry prices of $85,908 and $2,197 respectively

On August 15th, according to HTX market data, Ethereum briefly fell below $4,500. It is now rebounding to $4,537, with a 24-hour decrease of 3.81%.

On August 15th, Chris Burniske, who was formerly the crypto lead at Ark Invest and is currently a partner at Placeholder VC, stated that the market is gradually stabilizing following this slight pullback.

On August 15th, US President Trump declared that inflation has decreased to a perfect level and there is almost no inflation. (Xinhua News)

On August 15th, as per a filing made public by the U.S. SEC today, Abu Dhabi's sovereign wealth fund Mubadala held 8,726,972 shares of IBIT as of June 30th, and the market value was approximately $534 million. This holding has remained the same since the previous filing in May. Furthermore, in a new filing, Al Warda Investments disclosed that it held 2,411,034 shares of IBIT as of June 30th, with a market value of approximately $147.5 million. The manager of this position is indicated in the filing as the Abu Dhabi Investment Council, which is a sovereign wealth fund under Mubadala.

On Thursday, August 15th, JPMorgan Chase pointed out in a report that as Wall Street starts to issue a large number of stablecoins within the Ethereum ecosystem, the recent outperformance of ETH may continue. According to the bank's analysts, a series of USD-pegged tokens - following last month's "GENIUS Act" which provided a regulatory framework for stablecoins - are expected to have an impact on the price of Ethereum. Although these assets are issued on layer-two networks rather than directly on the Ethereum main chain. The analysts stated: "We believe that Ethereum is emerging as the pathway to directly access the high-growth opportunity of stablecoins. As the Ethereum network hosts most of these stablecoin assets, whether as L1 directly hosted or via L2 partially hosted."

On August 15th, the Greek.Live analyst Adam posted on social media, saying, "While BTC hit a new all-time high again and ETH was about to reach its all-time high, the market experienced a somewhat unanticipated pullback. The main trigger was the higher-than-expected PPI. There weren't many changes in the options market. The IVs of major expiries showed no significant fluctuations, and the fluctuation of Skew was relatively small." However, the trading volume indicates the market's enthusiasm. Today, Deribit traded $10.9 billion in options, setting a new single-day record with a volume of over $10 billion for the first time. The high trading activity indicates that the market remains confident about the future, and the bull market is likely to continue.