Overview

• Bitcoin has retraced to around $115,000, sliding roughly 7% from its mid-August peak above $124,000 as traders locked in profits.
• Liquidations of leveraged futures and options positions totaled approximately $534 million, according to CoinGlass, intensifying market volatility.
• Spot Ethereum ETF inflows hit a record $2.85 billion in early August before cooling off in the past week and easing supply constraints on exchanges.
• Blockchain data and Whale Alert flagged the accumulation of about 2 billion Dogecoin by large holders, underscoring concentrated altcoin activity.
• Market participants are eyeing the upcoming Jackson Hole Symposium, Fed meeting minutes and the September FOMC decision as potential catalysts for the next directional shift.