Overview

• Bitcoin is trading around $115,000 in a low-liquidity “air gap” between $110,000 and $116,000, reflecting weak market conviction after its mid-July peak.
• Spot Bitcoin ETFs recorded a 1,500 BTC outflow recently, marking their largest single-day pullback since April.
• Public and private entities now hold roughly 1.35 million BTC—over 6% of the circulating supply—further tightening available market float.
• Ethereum logged 1.87 million transactions on August 6, approaching its all-time high, and futures open interest on Binance hit a record $77 billion.
• Heavy net sell-volume in Ethereum market orders and profit-taking by short-term holders have kept ETH consolidating near $3,650–$3,700.