Ethereum has just established new peak levels in Japan and South Korea, thanks to large capital inflows from institutions and strong leverage in derivative trading.
ETH maintains its growth momentum, trading around the 4,300 USD mark, while the buying power of Asian businesses is contributing to expectations towards new global peaks.
MAIN CONTENT
Ethereum continuously sets peaks in Japan and South Korea thanks to strong demand from businesses and institutions.
ETH derivative activity spiked dramatically, with Open Interest volume nearing record levels, reflecting high market leverage.
Technical analysis, capital inflows, and optimistic Altcoin sentiment reinforce the scenario for ETH heading towards new global peaks.
What is Ethereum?
Ethereum is an open-source Blockchain platform that supports Smart Contracts, with the ETH token standing as the second largest cryptocurrency in the world by market capitalization.
Ethereum was developed in 2014 by Vitalik Buterin and the founding team. The most prominent feature of Ethereum is its ability to operate Smart Contracts, paving the way for the development of DeFi, NFTs, the Metaverse, and thousands of DApps.
Along with Bitcoin, Ethereum plays a central role in the cryptocurrency sector, widely used globally and receiving strong interest from major financial institutions, individual investors, businesses, as well as the governments of several countries.
Why is Ethereum's price rising sharply in Japan and South Korea?
Ethereum has just established record high prices in Japan and South Korea, mainly due to domestic demand and increasing purchasing power from institutions.
ETH has surpassed 639,455 Yen in Japan and 5.97 million Won in South Korea on August 10, breaking the previous peak at the end of 2021. The reason is not only due to exchange rate fluctuations but also due to the substantial demand from the institutional market in this region.
CoinMarketCap report, 2025
Contrary to the theory of price increases due to monetary factors, the rise of ETH in these two countries reflects the fundamental reality, as both the Yen and Won have increased in value against the USD this year. This shows that large capital flows from Asia are indeed leading the price waves of Ethereum in the current phase.
In particular, a large amount of ETH has been accumulated by Asian businesses or involved in long-term investment strategies. This momentum is distinctly different from FOMO phases, where demand primarily comes from retail investors or is influenced by mere exchange rate changes.
How do ETH prices in Japan, South Korea compare to the global peak?
ETH has recorded an unprecedented price level in Japan and South Korea, while the international price (USD) remains lower than the historical peak at the end of 2021.
Japan time (JPY) South Korea (KRW) International (USD) Peak 2021 ~570,000 ~5.4 million 4,891 10/8/2025 639,455 5.97 million 4,257
According to CoinMarketCap, in Japan, ETH reached 639,455 Yen, while in the South Korean market, it was 5.97 million Won, both surpassing the peaks of 2021. Meanwhile, in the international market, ETH is priced around 4,257 USD, still 12% lower than the record of 4,891 USD recorded in November 2021.
This discrepancy shows that the Asian region, which is famous for its active retail investors, has now shifted to a phase with strong participation from large businesses and institutions, contributing to the establishment of new peak price levels despite the global scale not yet returning to previous levels.
What factors drive strong ETH demand in Asia?
Besides institutional capital, market sentiment and legal policies are strong factors impacting Ethereum's price increase in Japan and South Korea.
The interest of businesses in digital assets in East Asia arises from many factors, such as: a more open cryptocurrency legal framework, the growth of the DeFi and NFT ecosystem locally, as well as gradually increasing practical application levels.
The investment demand for ETH from large businesses and financial institutions helps the Asian market establish a new price baseline. The proactive accumulation from institutions also boosts the HODL sentiment of individual investors.
Asian Market Report, Chainanalysis, 2025
In addition, the governments of South Korea and Japan often have strict management policies, so strong institutional capital inflows are a reliable signal of market maturity. The role of HODL (long-term holding) capital from institutions, funds, and domestic businesses is gradually replacing the previous trend of speculative trading or FOMO.
What is the role of large businesses and institutions in determining ETH prices in Asia?
Corporate capital plays a key role, providing sustainable support and pushing ETH prices above previous peaks in the two largest East Asian markets.
A typical example is Bitmine Immersion Technologies (BNMR), a company listed on the US exchange, which has accumulated over 2.9 billion USD worth of ETH and plans to dominate up to 5% of the global ETH supply through aggressive buying strategies. This reflects the shift of buying power from individuals to institutions, changing market structure and directly impacting prices.
When large businesses proactively accumulate ETH and aim to control supply, the price increase will develop more sustainably, and trading volumes will be of higher quality rather than being momentarily driven by retail speculation.
Insights from the Institutional Crypto report, Blockdata, 2025
From a long-term perspective, this accumulation reinforces market confidence, attracting interest from investment funds and derivative financial products (ETFs, pension funds, insurance, etc.). Especially when this capital flow becomes stable, it could trigger a new price increase cycle, pushing ETH closer to or beyond the global price peak.
How has liquidity and market leverage for ETH derivatives in Asia increased?
The record levels of ETH derivative trading volume and Open Interest highlight the liquidity and leverage of the current market.
Data from CoinGlass published on 8/8 recorded ETH Futures Open Interest reaching 51.61 billion USD – nearly the highest in history, accompanying the price increase of ETH since mid-July 2025. This means that a series of derivative trading positions are developing rapidly and betting on the possibility of ETH prices increasing further.
The continuous growth of Open Interest along with capital inflows into the spot market creates a high liquidity baseline, helping ETH prices to fluctuate rapidly and strongly but in line with actual demand. High leverage also reflects that professional investors and institutions are employing diverse financial strategies in the Asian market.
What impact do derivatives have on ETH price dynamics?
Leverage from large Futures positions often amplifies price volatility, especially when the spot market simultaneously experiences strong buying pressure as seen in Japan and South Korea.
The volatility of derivative contracts (Futures, Options) creates opportunities for asset repricing while also causing stronger price fluctuations, especially when accompanied by active spot market capital in countries with a rich retail investor base like South Korea and Japan.
Bloomberg Crypto Markets, 2025
ETH prices reflect the total demand (spot) and derivative trading (Futures, Options). When Open Interest nears record levels, the derivatives market plays a role as a 'double leverage' combined with Spot, creating the potential for price breakthroughs and strong adjustment risks if sentiment shifts.
Additionally, the positive wave for Altcoins in general and ETH in particular is also driven by the context of the U.S. Securities and Exchange Commission (SEC) easing its oversight of Ripple, the XRP asset, as well as the prospect of using digital assets in retirement products (401k), contributing to improving overall market sentiment.
What does ETH technical analysis reveal?
ETH is trading above the 9-day and 21-day moving averages with the RSI index in the strong growth zone, confirming a clear upward trend structure on the chart.
Specifically, ETH has surpassed dynamic thresholds (SMA 9 and 21 days) on the daily chart, while the RSI index maintains around 73 – indicating strong upward momentum despite being close to the overbought zone.
Overall, the price structure remains optimistic if ETH maintains prices above 4,200 USD in the coming days. The next resistance level is identified around the 4,500 USD mark – this will be an important 'test' for the ability to aim for new global peaks. If it does not undergo strong sell-offs in this area, the potential to surpass 4,891 USD (set in November 2021) is entirely realistic.
How to compare ETH performance between regions and globally?
ETH price performance is rising stronger in Japan and South Korea compared to the international average due to internal economic factors and regional policies.
The East Asian region has long had active trading groups, along with investment capital from businesses, banks, and technology. When these countries engage strongly, price waves will clearly reflect their specifics – such as Japan being influenced by loose monetary policy, while South Korea is a traditional market for retail traders combined with emerging institutional capital.
Market regulation and legal transparency also help create more stable data, leading to the proactivity of large investment institutions and minimizing the risks of price manipulation and FOMO as seen in many other emerging markets.
What is ETH's outlook in the context of increasing derivative volumes and institutional cash flow?
Organizing cash flow and growing derivative volume creates opportunities for ETH to break through historical peaks in the near future, especially when both technical factors and market sentiment are supportive.
If it accumulates above 4,200 USD and breaks the 4,500 USD resistance when derivative contract volume and institutional cash flow align, ETH could very well explode to new global price peaks according to market laws.
Quoted from the Global Cryptocurrency Market report, Glassnode, 2025
When investment products such as ETFs, pension funds, and institutional investment channels expand ETH accumulation, prices and market sentiment tend to stabilize more, less influenced by temporary fluctuations from the retail segment.
The convergence of professional capital, high derivative liquidity, and positive effects in core markets like Japan and South Korea will be important drivers in the next price increase cycle of Ethereum.
What types of risks should ETH investors be aware of when the market sets new peaks?
When ETH approaches peak price levels, the main risk comes from a strong market correction due to profit-taking pressure, derivative volatility, and changes in institutional capital flow trends.
If large leveraged Futures positions are simultaneously liquidated (settling losing contracts), ETH prices could fluctuate sharply in a short period. Additionally, profit-taking moves by large businesses could also cause market corrections, especially when prices approach previous peaks or market sentiment becomes cautious after a hot rally.
Therefore, investors should proactively manage risks, use position management tools, set reasonable stop-loss orders, and stay updated with timely news to avoid being caught in short-term FOMO effects.
What will happen to the ETH market if it breaks the global peak?
If it surpasses the previous peak of 4,891 USD, ETH could trigger a new FOMO wave along with a series of robust financial investment products, especially in the DeFi, NFT, and global ETF sectors.
Many market reports, including DappRadar and Chainalysis, predict that when ETH surpasses its peak, an investment wave into the Ethereum ecosystem will explode, followed by the development of DeFi, NFT, Stablecoin products, along with the emergence of new international investment fund capital entering the market.
This could also be a time for buying frenzies, price manipulation by whales, and requires individual investors to be cautious with the market's rapid fluctuations.
Frequently Asked Questions
What is Ethereum and why is it important?
Ethereum is the second largest Blockchain platform globally, enabling the construction of Smart Contracts, DApps, and DeFi products, playing a central role in the cryptocurrency world.
What reasons lead to ETH peaks in Japan and South Korea?
The momentum comes from institutional investment demand, large businesses accumulating ETH, along with positive Altcoin market sentiment and strong domestic capital flows.
Has the international ETH price returned to the 2021 peak?
Not yet. By mid-August 2025, ETH reached 4,257 USD, still 12% lower than the peak of 4,891 USD set in November 2021.
What is the role of derivatives in ETH price volatility?
Derivatives help amplify price volatility, especially in markets with strong spot buying pressure like East Asia, easily leading to strong rallies or sudden corrections.
When will ETH be able to surpass global peaks?
If it continues to maintain above the 4,200 USD range and breaks the resistance level of 4,500 USD, ETH could very well aim for new peaks, depending on institutional cash flow and market sentiment.
What risks should investors be aware of?
Be cautious of strong corrections due to profit-taking, derivative liquidation pressure, and market sentiment fluctuations after sharp upward waves.
What effect will surpassing the peak create for the Ethereum ecosystem?
It could trigger an investment boom in DeFi, NFTs, spread new financial products, and attract international fund flows.
Source: https://tintucbitcoin.com/ethereum-huong-moc-4-500-usd-chau-a/
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