Polymarket gives ETH a 75% chance to hit ATH by Aug 31, with only 5% below its record price.
CEX platform tokens rally after OKB’s 200% surge, spreading FOMO and boosting BGB and GT with moderate gains.
Bitcoin’s leverage ratio hits a five-year high, signaling heightened volatility risk as BTC approaches ATH.
MARKET PREDICTS 75% CHANCE FOR ETH TO REACH ALL-TIME HIGH BY AUGUST 31
Polymarket users predict a 75% probability that ETH will hit its all-time high (ATH) before August 31. As of now, ETH is trading only about 5% below its previous record.
ANALYSIS
A 75% probability reflects strong short-term market confidence in ETH’s breakout potential, with the small 5% gap suggesting relatively low technical resistance. This optimism may be supported by increased Ethereum ecosystem activity (such as rising Layer 2 volumes) and macroeconomic factors like expectations of USD liquidity easing. However, prediction markets are often swayed by speculative sentiment — a failure to break the ATH could trigger short-term sell pressure, making volume behavior at key resistance levels critical to watch.
CEX PLATFORM TOKENS SURGE AMID OKB RALLY
Market data shows a broad rally in centralized exchange (CEX) platform tokens, possibly driven by FOMO after a sharp surge in OKB. As of reporting, OKX’s OKB jumped 200% to $134, Bitget’s BGB rose 15.5% to $4.97, and Gate’s GT gained 31.1% to $19.16.
ANALYSIS
OKB’s 200% spike triggered a wave of optimism across CEX platform tokens, suggesting rapid spread of FOMO sentiment. This may be linked to rising exchange volumes, favorable platform policies (e.g., buybacks or token burns), or renewed confidence in CEX ecosystems. BGB and GT’s more moderate gains indicate optimism toward smaller exchanges but with lower speculative intensity. OKB’s outsized move could signal short-term overheating and carry pullback risk, though the broader trend remains favorable for CEX-related assets in the near term.
BITCOIN FUTURES LEVERAGE RATIO HITS FIVE-YEAR HIGH IN AUGUST
CryptoQuant analyst Axel Adler Jr reports that in August 2025, Bitcoin’s estimated leverage ratio (ELR) 30-day change reached its highest level in five years, surpassing the +0.4 threshold. Historically, this level coincides with peaks in leverage and heightened market fragility. This surge indicates a large influx of leveraged positions in the futures market as BTC nears its ATH, raising risks of volatility and forced liquidations.
ANALYSIS
BTC’s leverage ratio breaking the +0.4 mark shows speculative positioning at extreme levels. Historically, such spikes have preceded market tops or sharp volatility. With BTC close to its ATH, a breakout could trigger ~$793M in short liquidations, accelerating price gains, while a drop below key support (e.g., $120K) could unleash ~$1.084B in long liquidations, deepening downside moves. Traders should closely manage leverage exposure and monitor liquidation cluster dynamics.
〈CoinRank Crypto Digest (8/13)｜CEX Platform Tokens Surge Amid OKB Rally〉這篇文章最早發佈於《CoinRank》。
