On August 12, Ethereum hit $4,500—its highest price in nearly 4 years and just 7% below its all-time high from November 2021. It's up 35% this year, beating Bitcoin’s 28% rise.
Big Money Is Buying In
U.S. spot Ether ETFs saw $1B+ in inflows—5x more than Bitcoin ETFs that day. A mystery buyer grabbed 312,000 ETH ($1.34B), and whales are pulling coins off exchanges.
Corporate Buying Heats Up
- BitMine Immersion Technologies raised its stock sale limit to $24.5B to buy more ETH. It already owns 1.15M ETH (~$5B) and wants to control 5% of the total supply.
- SharpLink Gaming bought 5,226 ETH, now holding 604,000 ETH (~$2.7B).
📉 Liquidity Tightens
Analysts say ETFs and companies now hold ~8% of all ETH, making it harder to buy as investors expect Fed rate cuts later this year.
📈 Next Stop: All-Time High?
With record ETF flows, corporate buying, and whale action, traders are watching to see if ETH can break its 2021 peak soon.
