Ethereum News Today: Ethereum hits all-time high in smart contract deployments driven by Pectra upgrade and 457.68% whale inflow surge

Generated by AI AgentCoin World
Tuesday, Aug 12, 2025 3:11 pm ET1min read
Aime RobotAime Summary

- Ethereum’s blockchain shows sustained growth with record smart contract deployments and rising whale activity, driven by the Pectra upgrade’s 100,000 TPS throughput and 90% lower gas fees.

- Whale accumulation surged 457.68% in 30 days, signaling strategic investor positioning, while a balanced derivatives market (50.44% longs) reflects cautious trader sentiment.

- $21.56M in exchange inflows suggest potential profit-taking, but strong institutional demand and expanding DeFi/NFT adoption could counter short-term selling pressure.

Ethereum’s blockchain is showing signs of sustained development and growing institutional interest, with key metrics pointing to record smart contract deployment and increased whale activity. The 180-day moving average of new smart contracts has hit an all-time high, surpassing the peaks seen in 2021 and 2022. This surge aligns with the recent Pectra upgrade, which boosted throughput to 100,000 transactions per second, reduced gas fees by 90%, and expanded use cases across decentralized finance (DeFi), non-fungible tokens (NFTs), and tokenized real estate [1].

The improved network performance has led to stronger developer engagement and real-world adoption in sectors such as finance and supply chain management. On-chain data also shows a sharp rise in whale accumulation, with large holders’ net inflow increasing by 36.57% in the past week and 457.68% over the last 30 days. Such a trend typically indicates strategic positioning by major investors, which could play a role in shaping Ethereum’s near-term price action [1].

Meanwhile, the derivatives market reflects cautious positioning. The long/short ratio is nearly balanced, with 50.44% of traders holding long positions and 49.56% holding short. This equilibrium suggests traders are avoiding large directional bets, though a sharp breakout could trigger rapid liquidations and increase volatility [1].

Recent inflows of $21.56 million into exchanges also suggest potential profit-taking after a period of price gains. However, sustained network activity and strong institutional demand may counteract any immediate selling pressure, depending on whether these inflows lead to short-term distribution or are held for longer-term accumulation [1].

Ethereum’s ability to convert this growth into a lasting price rally depends on a combination of factors. Developer momentum and whale accumulation offer upward support, but rising exchange inflows and balanced leverage could create resistance. If network activity continues to expand alongside institutional adoption,

may see a more sustained move higher. However, the market remains in a delicate balance, where any shift in sentiment could influence the next direction of ETH [1].

Sources:

[1] Can Ethereum’s record smart contract growth drive ETH’s price rally? https://ambcrypto.com/can-ethereums-record-smart-contract-growth-drive-eths-price-rally/