TDP #63: Whales Loading Up On Ethereum?
See what's trending—before it happens.
🦄 Powered by Groovy Market - Ask. Earn. Repeat.
✍️ Editor’s note:
BlackRock’s Bitcoin appetite cooled while Ethereum stole the spotlight. BlackRock, a financial giant, may be reversing course on its digital asset strategy.
The whispers of them dumping massive Bitcoin holdings to buy into Ethereum have sent shockwaves through both markets.
Prediction markets are also pricing on other trending topics today. Discover these hot markets below. 👇
— The Daily Prediction Team
Top Markets Today (August 22, 2025)
See the most trending markets on prediction platforms like Polymarket, Kalshi, and Limitless.
By Volume
Prediction markets with the most trading activity.
Notable observation: Trading volume for the 2025 MLB World Series is increasing steadily from $49,116,083 yesterday to $49,811,458 today. It’s not a massive improvement, but expect this market to climb up the ranks in the next month. The World Series is typically held in the last week of October.
By Open Interest
Unresolved prediction markets with the most money at stake.
Notable observation: In terms of open interest, more people are pricing their positions on the 2025 PGA Tour Championship. It entered the list of Top 5 markets today, replacing Polymarket’s prediction on the New York City mayoral election. Round 2 of the Tour Championship is already underway.
Top Trending News on Social Media
📈 BlackRock Loads Up On Ethereum
In a move that’s got both crypto bulls and skeptics talking, BlackRock appears to be liquidating BTC in favor of a bold boost in Ethereum.
On August 20, BlackRock transferred over $366 million of BTC and ETH to a wallet in Coinbase Prime.
But today, BlackRock rocked the waves again, buying $233.6 million worth of Ethereum. This could put ETH back on track, especially if other whales follow suit.
First, let’s see what prediction markets think of ETH’s potential. There’s still a percentage of Polymarket traders who believe that Ethereum will hit either $4,800 or $5,000 this August.
Kalshi traders almost mirror this sentiment, with 19% of their traders believing that ETH will hit a new ATH in August.
You can also go to Manifold to predict whether ETH hits that ATH in 2025.
🔎 Current Ethereum Snapshot
As of August 22, 2025, Ethereum (ETH) is trading around $4,272.69.
Recently, ETF issuers logged consecutive outflows of $311 million in BTC and $240 million in ETH.
But here’s a piece of good news. In prior cycles, ETF-linked outflows from large holders precipitated steep, short-lived pullbacks, often followed by renewed accumulation once liquidity conditions stabilized.
That’s why Business Insider flags ETH’s institutional gains (ETFs +54% vs. BTC +10%), GENIUS Act’s stablecoin clarity, and staking yield as bullish tailwinds. Reuters notes companies are adding ETH on balance sheets as a defensible inflation hedge, supported by staking returns.
Just take note how BlackRock drew over $1.018 billion in net inflows in a single day, vastly outstripping equivalent Bitcoin ETF inflows. Its iShares Ethereum Trust has also exceeded $10 billion in AUM, backed by institutional capital driving both inflows and price support.
Altcoin season is still in bloom, apparently. Don’t lose hope just yet. 🤞
🦄 A message from Groovy Market
⌛ Other Markets Ending Soon
The clock is ticking fast. You might want to place your predictions on these markets. Quickly.
Trump, Putin, and Zelensky meet by August 23?: 8 hours left
League of Legends: Dplus KIA vs. DRX: 8 hours left
Bitcoin Up or Down - August 21, 4PM ET: 4 hours left
US Open: Shintaro Mochizuki vs. Daniel Elahi Galan: 8 hours left
