Ethereum Trading Just 3% Below All-Time High
Ethereum is approaching a new all-time high. The leading altcoin is currently trading around $4,730 — just 3% below its record high of $4,891 set on November 16, 2021.


Ethereum is approaching a new all-time high. The leading altcoin is currently trading around $4,730 — just 3% below its record high of $4,891 set on November 16, 2021.
The total market capitalization of NFT collections has reached $9.3 billion, up 40% from July’s $6.6 billion. A key driver of this growth is the rising price of Ethereum, which recently surpassed $4,000 and continues its upward trajectory.
Ether (ETH) has reached a new record for open interest (OI) on the Binance futures market, with the figure hitting $12.2 billion. This result is driven by high liquidity and a dense order book, low trading and holding costs, and an efficient margin and funding system on the platform.
The main drivers of Ethereum’s price growth, according to the bank’s analysts, are increased demand from large funds and crypto-accumulating companies, as well as the U.S. stablecoin legislation known as the GENIUS Act.
Matrixport has announced new structured investment products designed for trading Ethereum during periods of significant price swings. These products target various market scenarios and are suitable for both long-term and short-term strategies.
Ethereum surged close to record highs on Wednesday amid a wave of buying as corporate entities began accumulating the world’s second-largest cryptocurrency, mirroring the strategy used for Bitcoin.
According to the analyst, the second-largest cryptocurrency by market capitalization has outperformed the first in terms of growth rate. Over the past month, Ether has risen by 17%, while Bitcoin gained less than 1%.
On August 11, capital inflows into Ethereum ETFs issued by U.S. companies exceeded $1 billion for the first time in history.
August 11, 2025, marked a milestone day for cryptocurrency ETFs in the United States. Spot ETFs on Ethereum (ETH) recorded a total net inflow of $1.019 billion, indicating growing investor interest in the second-largest cryptocurrency.
After the official conclusion of the legal proceedings between Ripple and the SEC on August 8, the likelihood of the U.S. Securities and Exchange Commission (SEC) approving an XRP ETF briefly rose to nearly 90%. Bloomberg analysts, for their part, cite a figure of 95%.
Over the past month, large investors and companies have accumulated more than 1.035 million ETH worth $4.167 billion. Interestingly, the large-scale purchases coincided with the rise of the leading altcoin’s price from $2,600 to over $4,000.
Ethereum’s co-founder has commented on the growing trend of corporations accumulating the altcoin.
On Wednesday, U.S.-based spot Bitcoin exchange-traded funds (ETFs) returned to net inflows after four consecutive days of outflows. According to SoSoValue, the daily net inflow into Bitcoin ETFs reached $91.5 million yesterday.
Analysts at the Lookonchain platform have identified a potential Ethereum sell-off signal, pointing to two large ETH deposits by crypto whales on the Binance and OKX exchanges totaling over $71 million.
On Monday, U.S.-based Ethereum exchange-traded funds (ETH ETFs) recorded their largest single-day outflow since their launch in July 2024, with $465.1 million withdrawn in just one day.
In 2025, Bitcoin (BTC) and Ethereum (ETH) have shown significant growth and attracted unprecedented institutional interest.